Sanne Group PLC’s (SNN) “Outperform” Rating Reaffirmed at Royal Bank Of Canada
Sanne Group PLC (LON:SNN)‘s stock had its “outperform” rating reiterated by equities research analysts at Royal Bank Of Canada in a report issued on Thursday. They currently have a GBX 620 ($7.67) price objective on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 28.50% from the company’s previous close.
Separately, Berenberg Bank initiated coverage on Sanne Group PLC in a research report on Thursday, September 15th. They issued a “buy” rating and a GBX 600 ($7.43) price target for the company.
Sanne Group PLC (LON:SNN) traded up 1.87% on Thursday, hitting GBX 491.50. The company’s stock had a trading volume of 3,871 shares. The firm’s market cap is GBX 555.46 million. The firm has a 50 day moving average of GBX 463.55 and a 200 day moving average of GBX 424.68. Sanne Group PLC has a 12 month low of GBX 282.50 and a 12 month high of GBX 491.50.
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 https://www.americanbankingnews.com/2016/10/13/sanne-group-plcs-snn-outperform-rating-reaffirmed-at-royal-bank-of-canada.html
The business also recently declared a dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 15th will be given a GBX 3.20 ($0.04) dividend. The ex-dividend date is Thursday, September 15th. This represents a yield of 0.68%.
Sanne Group PLC Company Profile
Sanne Group plc is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services. The Company operates through seven segments: Debt, Real Estate, Private Equity, Corporate and Institutional, Executive Incentives, Private Client and Treasury. The segments offer services, including fund and corporate administration; accounting and reporting services; asset servicing; loan agency and servicing (Debt); depositary services; compliance monitoring; transaction management; special purpose vehicle (SPV) administration; company secretary/governance support; regulatory reporting services; listing services for the channel Islands Securities Exchange (Corporate and Institutional); director and trustee services; portfolio reporting (private client); philanthropy services (Private Client), and cash and foreign exchange (FX) management (Treasury).
Receive News & Ratings for Sanne Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sanne Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.