Servelec Group PLC Given Buy Rating at Investec (SERV)
Servelec Group PLC (LON:SERV)‘s stock had its “buy” rating reiterated by stock analysts at Investec in a report issued on Thursday. They currently have a GBX 310 ($5.13) price objective on the stock. Investec’s price objective suggests a potential upside of 16.98% from the company’s current price.
Servelec Group PLC (LON:SERV) traded up 1.34% on Thursday, hitting GBX 265.00. 607 shares of the company’s stock traded hands. Servelec Group PLC has a 1-year low of GBX 207.00 and a 1-year high of GBX 297.45. The stock’s 50-day moving average is GBX 258.4 and its 200-day moving average is GBX 265.. The company’s market cap is £181.1 million.
The company also recently announced a dividend, which is scheduled for Friday, October 31st. Shareholders of record on Wednesday, September 24th will be paid a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 0.57%. The ex-dividend date is Wednesday, September 24th.
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