Fenner plc (FENR) Insider Buys £49,470 in Stock
Fenner plc (LON:FENR) insider Vanda Murray acquired 17,000 shares of Fenner plc stock in a transaction dated Thursday, January 12th. The shares were acquired at an average price of GBX 291 ($3.54) per share, with a total value of £49,470 ($60,160.53).
Fenner plc (LON:FENR) traded up 0.34% on Friday, reaching GBX 292.00. 708,800 shares of the company’s stock traded hands. The stock’s market cap is GBX 566.15 million. Fenner plc has a 52-week low of GBX 95.25 and a 52-week high of GBX 299.25. The company’s 50 day moving average is GBX 246.96 and its 200-day moving average is GBX 200.40.
The firm also recently disclosed a dividend, which will be paid on Thursday, March 9th. Stockholders of record on Thursday, January 26th will be issued a dividend of GBX 2 ($0.02) per share. This is a boost from Fenner plc’s previous dividend of $1.00. This represents a dividend yield of 0.78%. The ex-dividend date is Thursday, January 26th.
ILLEGAL ACTIVITY WARNING: “Fenner plc (FENR) Insider Buys £49,470 in Stock” was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this report on another site, it was copied illegally and reposted in violation of U.S. & international trademark & copyright law. The original version of this report can be accessed at http://www.dailypolitical.com/2017/01/13/fenner-plc-fenr-insider-buys-49470-in-stock.html.
A number of equities analysts have recently commented on the stock. Peel Hunt increased their price objective on shares of Fenner plc from GBX 300 ($3.65) to GBX 330 ($4.01) and gave the stock a “buy” rating in a research note on Thursday. N+1 Singer raised shares of Fenner plc to a “buy” rating and set a GBX 310 ($3.77) target price on the stock in a report on Monday. J P Morgan Chase & Co reaffirmed an “underweight” rating and issued a GBX 175 ($2.13) target price on shares of Fenner plc in a report on Monday. Numis Securities Ltd cut shares of Fenner plc to an “add” rating and set a GBX 300 ($3.65) target price on the stock. in a report on Thursday, November 17th. Finally, FinnCap raised shares of Fenner plc to a “buy” rating and set a GBX 300 ($3.65) target price on the stock in a report on Wednesday, November 23rd. Five research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. Fenner plc has a consensus rating of “Hold” and a consensus target price of GBX 186.58 ($2.27).
About Fenner plc
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 plywood, 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.