Shanks Group plc Given “Hold” Rating at Liberum Capital (SKS)
Shanks Group plc (LON:SKS)‘s stock had its “hold” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Thursday. They currently have a GBX 105 ($1.76) price objective on the stock. Liberum Capital’s target price would indicate a potential upside of 0.96% from the stock’s previous close.
A number of other firms have also recently commented on SKS. Analysts at Credit Suisse cut their price target on shares of Shanks Group plc from GBX 125 ($2.09) to GBX 115 ($1.92) in a research note on Tuesday, July 22nd. They now have an “outperform” rating on the stock. Separately, analysts at Investec downgraded shares of Shanks Group plc to a “hold” rating in a research note on Monday, July 21st. They now have a GBX 110 ($1.84) price target on the stock, down previously from GBX 120 ($2.01). Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 114.57 ($1.92).
Shanks Group plc (LON:SKS) opened at 103.425 on Thursday. Shanks Group plc has a 52-week low of GBX 90.50 and a 52-week high of GBX 121.00. The stock’s 50-day moving average is GBX 106. and its 200-day moving average is GBX 107.4. The company’s market cap is £411.3 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.