Senior (LON:SNR) Price Target Cut to GBX 165
Senior (LON:SNR) had its price target decreased by equities research analysts at JPMorgan Chase & Co. from GBX 230 ($3.01) to GBX 165 ($2.16) in a report released on Friday, ThisIsMoney.Co.Uk reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential downside of 7.04% from the stock’s previous close.
Several other brokerages have also issued reports on SNR. Jefferies Financial Group reissued a “buy” rating and issued a GBX 255 ($3.33) target price on shares of Senior in a research report on Thursday. Berenberg Bank restated a “buy” rating and issued a GBX 240 ($3.14) price target on shares of Senior in a research note on Monday, August 5th. Finally, Peel Hunt restated a “buy” rating on shares of Senior in a research note on Monday, November 4th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 220.83 ($2.89).
Shares of LON:SNR traded down GBX 1.40 ($0.02) during trading on Friday, hitting GBX 177.50 ($2.32). The stock had a trading volume of 1,516,246 shares, compared to its average volume of 1,080,000. Senior has a 12 month low of GBX 163.60 ($2.14) and a 12 month high of GBX 261 ($3.41). The company has a market capitalization of $741.53 million and a PE ratio of 16.59. The firm’s fifty day moving average is GBX 183.62 and its 200 day moving average is GBX 208.18. The company has a quick ratio of 0.85, a current ratio of 1.61 and a debt-to-equity ratio of 52.38.
Senior plc designs, manufactures, and markets high-technology components and systems for the principal original equipment producers in the aerospace, defense, land vehicle, and power and energy markets worldwide. The company operates through two divisions, Aerospace and Flexonics. The Aerospace division offers high-pressure and low-pressure engineered ducting systems, engineered control bellows, assemblies, and sensors; precision-machined and fabricated engine components; fluid systems ducting and control products; and precision-machined airframe components and assemblies.
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