Shanks Group plc Stock Rating Reaffirmed by Barclays (SKS)
Shanks Group plc (LON:SKS)‘s stock had its “equal weight” rating restated by equities research analysts at Barclays in a research note issued to investors on Tuesday. They currently have a GBX 104 ($1.77) target price on the stock. Barclays’ price objective would suggest a potential upside of 0.48% from the company’s current price.
Shanks Group plc (LON:SKS) opened at 104.50 on Tuesday. Shanks Group plc has a one year low of GBX 78.00 and a one year high of GBX 121.00. The stock has a 50-day moving average of GBX 103.4 and a 200-day moving average of GBX 109.4. The company’s market cap is £415.6 million.
The company also recently announced a dividend, which is scheduled for Friday, August 1st. Shareholders of record on Wednesday, July 2nd will be paid a dividend of GBX 2.35 ($0.04) per share. This represents a dividend yield of 2.34%. The ex-dividend date is Wednesday, July 2nd.
SKS has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Shanks Group plc in a research note on Friday, May 16th. They now have a GBX 113 ($1.92) price target on the stock. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 116.57 ($1.98).
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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