Insider Buying: Shanks Group plc (SKS) Insider Acquires 100,000 Shares of Stock
Shanks Group plc (LON:SKS) insider Colin Matthews bought 100,000 shares of the business’s stock in a transaction on Tuesday, October 11th. The stock was purchased at an average price of GBX 114 ($1.41) per share, for a total transaction of £114,000 ($141,089.11).
Shares of Shanks Group plc (LON:SKS) opened at 113.50 on Tuesday. The firm’s market capitalization is GBX 451.96 million. Shanks Group plc has a one year low of GBX 68.75 and a one year high of GBX 115.00. The company’s 50 day moving average is GBX 104.61 and its 200-day moving average is GBX 91.76.
Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 115 ($1.42) target price on shares of Shanks Group plc in a report on Thursday, July 7th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 101.40 ($1.25).
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About Shanks Group plc
Shanks Group plc is a United Kingdom-based company engaged in waste-to-product business. The Company’s segments include Solid Waste Benelux, Hazardous Waste, Organics and UK Municipal. Its Solid Waste Benelux segment is engaged in the collection, recycling and treatment of non-hazardous waste in the Netherlands and Belgium.
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