FinnCap Raises STM Group Plc (STM) Price Target to GBX 70
STM Group Plc (LON:STM) had its price objective hoisted by FinnCap from GBX 60 ($0.77) to GBX 70 ($0.90) in a report released on Tuesday morning. The brokerage currently has a corporate rating on the financial services provider’s stock.
Shares of STM Group Plc (LON:STM) opened at 58.50 on Tuesday. The stock has a 50 day moving average price of GBX 51.70 and a 200 day moving average price of GBX 43.49. STM Group Plc has a 12-month low of GBX 31.00 and a 12-month high of GBX 63.20. The firm’s market capitalization is GBX 34.38 million.
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In other news, insider Alan Roy Kentish sold 500,000 shares of the business’s stock in a transaction that occurred on Thursday, July 20th. The stock was sold at an average price of GBX 52 ($0.67), for a total value of £260,000 ($335,787.16).
About STM Group Plc
STM Group PLC is a financial services company engaged in the structuring and administration of clients’ assets. The Company operates through five segments: Corporate Trustee Services, Pensions, Insurance Management, STM Life and Other Services. It specializes in the delivery of a range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.
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