SCS Group PLC (SCS) Rating Reiterated by FinnCap
SCS Group PLC (LON:SCS)‘s stock had its “buy” rating restated by equities research analysts at FinnCap in a research note issued on Tuesday. They currently have a GBX 230 ($3.00) target price on the stock. FinnCap’s price objective suggests a potential upside of 26.03% from the company’s current price.
SCS Group PLC (LON:SCS) traded down 2.667% on Tuesday, reaching GBX 183.625. The company’s stock had a trading volume of 56,488 shares. The stock’s market cap is GBX 73.45 billion. SCS Group PLC has a 12-month low of GBX 125.10 and a 12-month high of GBX 204.94. The company’s 50 day moving average price is GBX 183.97 and its 200-day moving average price is GBX 178.54.
In related news, insider Smith,Alan acquired 6,667 shares of SCS Group PLC stock in a transaction that occurred on Friday, July 15th. The stock was bought at an average price of GBX 150 ($1.96) per share, with a total value of £10,000.50 ($13,053.78). Also, insider Knight,David acquired 35,000 shares of SCS Group PLC stock in a transaction that occurred on Tuesday, July 12th. The shares were bought at an average cost of GBX 135 ($1.76) per share, with a total value of £47,250 ($61,676.02).
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/09/scs-group-plc-scs-rating-reiterated-by-finncap-2.html
SCS Group PLC Company Profile
ScS Group plc is a United Kingdom-based retailer of sofas and flooring. The Company’s business includes the upholstered furniture business and the flooring business. The upholstered furniture business specializes primarily in the retail of fabric and leather sofas and chairs. The flooring business focuses on the retail of carpets, as well as laminate and vinyl flooring.
Receive News & Ratings for SCS Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SCS Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.