Barclays PLC Begins Coverage on Senior plc (SNR)
Research analysts at Barclays PLC assumed coverage on shares of Senior plc (LON:SNR) in a report released on Friday. The firm set an “overweight” rating and a GBX 256 ($3.33) price target on the stock. Barclays PLC’s price objective suggests a potential upside of 7.83% from the stock’s previous close.
Several other brokerages also recently issued reports on SNR. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 215 ($2.80) price target on shares of Senior plc in a research report on Friday, April 21st. Berenberg Bank reiterated a “buy” rating and set a GBX 220 ($2.86) price target on shares of Senior plc in a research report on Thursday, February 9th. Canaccord Genuity reduced their price target on shares of Senior plc from GBX 190 ($2.47) to GBX 170 ($2.21) and set a “hold” rating on the stock in a research report on Tuesday, February 28th. Liberum Capital reiterated a “hold” rating and set a GBX 180 ($2.34) price target on shares of Senior plc in a research report on Thursday, April 20th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 195 ($2.54) price target on shares of Senior plc in a research report on Tuesday, March 7th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Senior plc presently has a consensus rating of “Hold” and an average target price of GBX 207.82 ($2.70).
Senior plc (LON:SNR) traded up 2.86% during trading on Friday, reaching GBX 237.40. 1,685,924 shares of the company’s stock traded hands. Senior plc has a 12 month low of GBX 161.00 and a 12 month high of GBX 245.00. The firm’s 50 day moving average is GBX 218.75 and its 200-day moving average is GBX 199.06. The company’s market capitalization is GBX 994.23 million.
The business also recently declared a dividend, which will be paid on Friday, May 26th. Stockholders of record on Thursday, April 27th will be paid a GBX 4.62 ($0.06) dividend. The ex-dividend date is Thursday, April 27th. This is a boost from Senior plc’s previous dividend of $1.95. This represents a dividend yield of 2.63%.
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About Senior plc
Senior plc is a 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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