M&C Saatchi Plc (SAA) Receives “Buy” Rating from Numis Securities Ltd
Numis Securities Ltd reissued their buy rating on shares of M&C Saatchi Plc (LON:SAA) in a research note released on Thursday. The brokerage currently has a GBX 408 ($5.33) price objective on the stock.
Shares of M&C Saatchi Plc (LON:SAA) opened at 365.00 on Thursday. The stock’s 50 day moving average is GBX 345.46 and its 200 day moving average is GBX 328.67. The company’s market capitalization is GBX 262.85 million. M&C Saatchi Plc has a 1-year low of GBX 275.25 and a 1-year high of GBX 377.99.
The firm also recently disclosed a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 27th will be paid a GBX 1.85 ($0.02) dividend. This represents a yield of 0.51%. The ex-dividend date is Thursday, October 27th.
About M&C Saatchi Plc
M&C Saatchi Plc is a United Kingdom-based holding company. The Company is engaged in the provision of advertising and marketing services. The Company operates through segments, which include UK, Europe, Middle East and Africa, Asia and Australasia, and Americas. The Company operates through a network of over 20 offices in approximately 20 countries.
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