Shanks Group plc Receives Hold Rating from Liberum Capital (SKS)
Shanks Group plc (LON:SKS)‘s stock had its “hold” rating reaffirmed by research analysts at Liberum Capital in a report released on Tuesday. They currently have a GBX 115 ($1.96) price objective on the stock. Liberum Capital’s price objective would suggest a potential upside of 7.73% from the company’s current price.
SKS has been the subject of a number of other recent research reports. Analysts at Goldman Sachs upgraded shares of Shanks Group plc to a “buy” rating in a research note on Tuesday, June 24th. They now have a GBX 123 ($2.10) price target on the stock, up previously from GBX 119 ($2.03). Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Shanks Group plc in a research note on Tuesday, June 17th. They now have a GBX 104 ($1.77) price target on the stock. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 116.71 ($1.99).
Shares of Shanks Group plc (LON:SKS) opened at 107.75 on Tuesday. Shanks Group plc has a 52-week low of GBX 78.25 and a 52-week high of GBX 121.00. The stock’s 50-day moving average is GBX 104. and its 200-day moving average is GBX 109.1. The company’s market cap is £428.5 million.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.