Charles Stanley Group plc (CAY) Stock Rating Lowered by Peel Hunt
Charles Stanley Group plc (LON:CAY) was downgraded by stock analysts at Peel Hunt to a “hold” rating in a report issued on Wednesday. They currently have a GBX 390 ($5.13) price objective on the stock. Peel Hunt’s price objective would indicate a potential upside of 9.05% from the company’s previous close.
CAY has been the subject of several other reports. Canaccord Genuity reiterated a “buy” rating and set a GBX 400 ($5.26) price objective on shares of Charles Stanley Group plc in a research note on Friday, November 3rd. Canaccord Genuity Group Inc. reiterated a “buy” rating and set a GBX 400 ($5.26) price objective on shares of Charles Stanley Group plc in a research note on Friday, November 3rd.
Charles Stanley Group plc (LON CAY) traded down GBX 2.50 ($0.03) during midday trading on Wednesday, reaching GBX 357.63 ($4.70). 2,695 shares of the company’s stock traded hands, compared to its average volume of 6,721. Charles Stanley Group plc has a fifty-two week low of GBX 255.25 ($3.36) and a fifty-two week high of GBX 434 ($5.71).
Charles Stanley Group PLC is an investment company. The Company provides investment management services, financial planning and pension administration. The Company’s segments are Investment Management Services, Asset Management, Financial Planning, Charles Stanley Direct and Support functions. The Investment Management Services division provides personal investment services to individuals, companies, trusts and charities and includes platform dealing, custody and self-invested personal pension (SIPP) and individual savings account (ISA) administration services.
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