Shanks Group plc’s Hold Rating Reiterated at Liberum Capital (SKS)
Shanks Group plc (LON:SKS)‘s stock had its “hold” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Tuesday. They currently have a GBX 105 ($1.74) target price on the stock.
Shanks Group plc (LON:SKS) traded down 0.24% during mid-day trading on Tuesday, hitting GBX 104.00. 390,063 shares of the company’s stock traded hands. Shanks Group plc has a 52 week low of GBX 90.50 and a 52 week high of GBX 121.00. The stock has a 50-day moving average of GBX 105.9 and a 200-day moving average of GBX 107.0. The company’s market cap is £413.6 million.
A number of other analysts have also recently weighed in on SKS. Analysts at Credit Suisse cut their price target on shares of Shanks Group plc from GBX 125 ($2.07) to GBX 115 ($1.91) 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 ($1.83) price target on the stock, down previously from GBX 120 ($1.99). Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 114.57 ($1.90).
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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