N+1 Singer Trims ST Ives PLC (SIV) Target Price to GBX 182
ST Ives PLC (LON:SIV) had its price objective dropped by N+1 Singer from GBX 227 ($2.81) to GBX 182 ($2.25) in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. N+1 Singer’s price objective suggests a potential upside of 27.27% from the stock’s previous close.
A number of other brokerages also recently issued reports on SIV. Peel Hunt lifted their price target on ST Ives PLC from GBX 150 ($1.86) to GBX 175 ($2.17) and gave the company a “buy” rating in a research report on Tuesday, October 4th. Numis Securities Ltd raised their price objective on ST Ives PLC from GBX 180 ($2.23) to GBX 190 ($2.35) and gave the company a “buy” rating in a report on Tuesday, October 4th.
ST Ives PLC (LON:SIV) opened at 142.525 on Thursday. ST Ives PLC has a 12-month low of GBX 69.83 and a 12-month high of GBX 248.17. The company’s market capitalization is GBX 202.44 million. The firm’s 50 day moving average price is GBX 129.26 and its 200-day moving average price is GBX 125.38.
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/2016/10/13/n1-singer-trims-st-ives-plc-siv-target-price-to-gbx-182.html
The company also recently disclosed a dividend, which will be paid on Monday, December 19th. Investors of record on Thursday, November 24th will be issued a dividend of GBX 5.45 ($0.07) per share. This represents a dividend yield of 3.63%. This is a boost from ST Ives PLC’s previous dividend of $2.35. The ex-dividend date of this dividend is Thursday, November 24th.
In related news, insider Stillwell,Richard purchased 23,000 shares of the firm’s stock in a transaction on Friday, July 15th. The shares were acquired at an average cost of GBX 80 ($0.99) per share, with a total value of £18,400 ($22,772.28).
ST Ives PLC Company Profile
St Ives plc is a United-Kingdom based Company engaged in marketing solutions and book publishing services. The Company offers services like data marketing under which it offers: Response One, which provides integrated marketing services, including strategic data acquisition and planning, insight driven customer management, online search, and strategic direct/digital campaign expertise and Occam, which delivers full data management capabilities including campaign management, customer insight and database marketing.
Receive News & Ratings for ST Ives PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ST Ives PLC and related companies with MarketBeat.com's FREE daily email newsletter.