N+1 Singer Reiterates “Buy” Rating for Senior plc (SNR)
Senior plc (LON:SNR)‘s stock had its “buy” rating reissued by stock analysts at N+1 Singer in a note issued to investors on Wednesday.
A number of other equities analysts also recently weighed in on SNR. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 270 ($3.52) target price on shares of Senior plc in a report on Wednesday, June 15th. Berenberg Bank restated a “buy” rating and set a GBX 245 ($3.20) target price on shares of Senior plc in a report on Tuesday, July 19th. Canaccord Genuity boosted their target price on shares of Senior plc from GBX 230 ($3.00) to GBX 240 ($3.13) and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Peel Hunt restated a “buy” rating and set a GBX 265 ($3.46) target price on shares of Senior plc in a report on Tuesday, June 21st. Finally, Jefferies Group lowered their target price on shares of Senior plc from GBX 250 ($3.26) to GBX 235 ($3.07) and set a “buy” rating on the stock in a report on Friday, July 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of GBX 242.50 ($3.17).
Shares of Senior plc (LON:SNR) traded down 2.58% during midday trading on Wednesday, hitting GBX 229.90. 1,002,133 shares of the company were exchanged. Senior plc has a one year low of GBX 167.08 and a one year high of GBX 272.30. The company’s market capitalization is GBX 962.82 million. The company has a 50-day moving average of GBX 233.10 and a 200 day moving average of GBX 219.62.
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The company also recently disclosed a dividend, which will be paid on Wednesday, November 30th. Investors of record on Thursday, October 20th will be given a dividend of GBX 1.95 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 20th. This represents a yield of 0.87%.
In related news, insider Harding ,Derek sold 1,709 shares of the company’s stock in a transaction dated Monday, September 5th. The shares were sold at an average price of GBX 240 ($3.13), for a total transaction of £4,101.60 ($5,353.87).
About Senior plc
Senior plc is a United Kingdom-based holding company. The Company is an engineering solutions provider. The Company designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the aerospace, defense, land vehicle and energy markets. It operates in two divisions: Aerospace and Flexonics.
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