Numis Securities Ltd Reiterates Buy Rating for M&C Saatchi Plc (SAA)
M&C Saatchi Plc (LON:SAA)‘s stock had its “buy” rating reissued by research analysts at Numis Securities Ltd in a note issued to investors on Monday. They presently have a GBX 450 ($6.07) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 51.77% from the company’s current price.
Shares of M&C Saatchi Plc (LON SAA) opened at 302.75 on Monday. M&C Saatchi Plc has a 52 week low of GBX 290.00 and a 52 week high of GBX 383.75. The firm’s market capitalization is GBX 224.79 million. The company’s 50 day moving average price is GBX 309.36 and its 200-day moving average price is GBX 337.16.
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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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