Fenner PLC (LON:FENR) released its quarterly earnings data on Wednesday. The company reported GBX 17.70 ($0.23) earnings per share for the quarter, beating the consensus estimate of GBX 16.70 ($0.22) by GBX 1 ($0.01), Bloomberg Earnings reports. The firm had revenue of GBX 6,554 billion during the quarter. Fenner PLC had a return on equity of 7.03% and a net margin of 3.51%.

Fenner PLC (LON FENR) traded up GBX 26.03 ($0.34) during mid-day trading on Wednesday, hitting GBX 363.03 ($4.77). The stock had a trading volume of 1,210,715 shares, compared to its average volume of 326,476. Fenner PLC has a 1-year low of GBX 223.75 ($2.94) and a 1-year high of GBX 368.25 ($4.84).

TRADEMARK VIOLATION WARNING: This piece was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/11/15/fenner-plc-fenr-announces-quarterly-earnings-results-beats-estimates-by-1-00-eps.html.

A number of brokerages have commented on FENR. Peel Hunt reiterated a “buy” rating and set a GBX 425 ($5.59) target price on shares of Fenner PLC in a report on Wednesday. N+1 Singer reiterated a “buy” rating on shares of Fenner PLC in a report on Wednesday. Numis Securities Ltd reiterated an “add” rating and set a GBX 385 ($5.06) target price on shares of Fenner PLC in a report on Friday, September 8th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Fenner PLC in a report on Friday, September 8th. Finally, FinnCap reiterated a “buy” rating and set a GBX 385 ($5.06) target price on shares of Fenner PLC in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. Fenner PLC presently has a consensus rating of “Hold” and an average target price of GBX 357.78 ($4.71).

Fenner PLC Company Profile

Fenner PLC is a United Kingdom-based provider of engineered solutions for performance-critical applications. The Company’s business segments include Engineered Conveyor Solutions and Advanced Engineered Products. The Engineered Conveyor Solutions is engaged in the manufacture of rubber ply belting, solid woven and steel cord conveyor belting for mining, power generation and industrial applications with complementary service operations, which design, install, monitor, maintain and operate conveyor systems for mining and industrial customers.

Receive News & Ratings for Fenner PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fenner PLC and related companies with MarketBeat.com's FREE daily email newsletter.