Shanks Group plc Given Average Rating of “Hold” by Analysts (LON:SKS)
Shares of Shanks Group plc (LON:SKS) have earned an average recommendation of “Hold” from the eight analysts that are presently covering the company, Analyst Ratings Network reports. Five investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 114.57 ($1.90).
Shanks Group plc (LON:SKS) traded down 0.24% during mid-day trading on Thursday, hitting GBX 105.00. 88,899 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’s 50-day moving average is GBX 105.8 and its 200-day moving average is GBX 106.. The company’s market cap is £417.6 million.
Several analysts have recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Shanks Group plc in a research note on Tuesday. They now have a GBX 105 ($1.74) price target on the stock. Finally, 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.
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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