St Ives (SIV) Price Target Raised to GBX 130 at Numis Securities

St Ives (LON:SIV) had its price target boosted by investment analysts at Numis Securities from GBX 125 ($1.67) to GBX 130 ($1.74) in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Numis Securities’ target price indicates a potential upside of 65.08% from the company’s previous close.

Other analysts also recently issued research reports about the company. N+1 Singer reaffirmed a “buy” rating on shares of St Ives in a research note on Thursday. Peel Hunt lifted their target price on St Ives from GBX 110 ($1.47) to GBX 130 ($1.74) and gave the company a “buy” rating in a research note on Thursday.

Shares of St Ives (LON:SIV) traded up GBX 4.75 ($0.06) during trading on Thursday, reaching GBX 78.75 ($1.05). The company’s stock had a trading volume of 406,039 shares, compared to its average volume of 181,847. St Ives has a 52-week low of GBX 37.50 ($0.50) and a 52-week high of GBX 134 ($1.79).

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St Ives Company Profile

St Ives plc is a United Kingdom-based international marketing services company. The Company operates through three segments: Strategic Marketing, Marketing Activation and Books. The Company’s Strategic Marketing segment consists of Data, Digital and Insight businesses. The Company’s Marketing Activation segment includes Marketing Print businesses and Field Marketing Business, which deliver marketing communications through a combination of print and in-store marketing services.

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