Sanne Group PLC’s (SNN) Outperform Rating Reiterated at Royal Bank Of Canada
Sanne Group PLC (LON:SNN)‘s stock had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada in a research note issued on Thursday. They presently have a GBX 620 ($7.67) target price on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 28.50% from the stock’s previous close.
Separately, Berenberg Bank assumed coverage on Sanne Group PLC in a research note on Thursday, September 15th. They issued a “buy” rating and a GBX 600 ($7.43) price target for the company.
Shares of Sanne Group PLC (LON:SNN) traded up 1.87% during mid-day trading on Thursday, reaching GBX 491.50. The company’s stock had a trading volume of 3,802 shares. Sanne Group PLC has a 12-month low of GBX 282.50 and a 12-month high of GBX 491.50. The firm’s market cap is GBX 555.46 million. The firm’s 50-day moving average price is GBX 463.55 and its 200 day moving average price is GBX 424.68.
The company also recently disclosed a dividend, which will be paid on Friday, October 14th. Shareholders of record on Thursday, September 15th will be paid a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date of this dividend is Thursday, September 15th. This represents a yield of 0.68%.
Sanne Group PLC Company Profile
Sanne Group plc is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services. The Company operates through seven segments: Debt, Real Estate, Private Equity, Corporate and Institutional, Executive Incentives, Private Client and Treasury. The segments offer services, including fund and corporate administration; accounting and reporting services; asset servicing; loan agency and servicing (Debt); depositary services; compliance monitoring; transaction management; special purpose vehicle (SPV) administration; company secretary/governance support; regulatory reporting services; listing services for the channel Islands Securities Exchange (Corporate and Institutional); director and trustee services; portfolio reporting (private client); philanthropy services (Private Client), and cash and foreign exchange (FX) management (Treasury).
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