Shanks Group plc Given Consensus Rating of “Hold” by Analysts (LON:SKS)
Shanks Group plc (LON:SKS) has been given a consensus rating of “Hold” by the eight brokerages that are presently covering the company, American Banking News reports. Seven analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 116.57 ($1.98).
A number of research firms have recently commented on SKS. Analysts at Barclays reiterated an “equal weight” rating on shares of Shanks Group plc in a research note on Tuesday. They now have a GBX 104 ($1.77) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Shanks Group plc in a research note on Friday. They now have a GBX 115 ($1.95) price target on the stock. Finally, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Shanks Group plc in a research note on Friday, May 23rd. They now have a GBX 122 ($2.07) price target on the stock.
Shares of Shanks Group plc (LON:SKS) traded up 0.24% during mid-day trading on Tuesday, hitting GBX 103.75. 126,932 shares of the company’s stock traded hands. Shanks Group plc has a 52 week low of GBX 78.00 and a 52 week high of GBX 121.00. The stock’s 50-day moving average is GBX 103.4 and its 200-day moving average is GBX 109.4. The company’s market cap is £412.6 million.
The company also recently declared a dividend, which is scheduled for Friday, August 1st. Stockholders of record on Wednesday, July 2nd will be given a dividend of GBX 2.35 ($0.04) per share. This represents a yield of 2.34%. The ex-dividend date of this dividend is Wednesday, July 2nd.
Shanks Group plc is an international sustainable waste management company. The Company’s segment includes Solid Waste Benelux, Solid Waste UK, Hazardous Waste, Organics and UK Municipal.
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