M&C Saatchi (LON:SAA) Insider Zaid Al-Qassab Acquires 79,990 Shares

M&C Saatchi plc (LON:SAA) insider Zaid Al-Qassab bought 79,990 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were acquired at an average cost of GBX 125 per share, for a total transaction of £99,987.50.

M&C Saatchi Stock Down 1.6%

Shares of M&C Saatchi stock traded down GBX 2 during trading on Tuesday, hitting GBX 122.50. 71,368 shares of the stock were exchanged, compared to its average volume of 360,422. The firm’s 50-day moving average price is GBX 134.29 and its 200 day moving average price is GBX 162.20. The stock has a market cap of £148.48 million, a price-to-earnings ratio of 15.26 and a beta of 1.27. M&C Saatchi plc has a 12-month low of GBX 100.50 and a 12-month high of GBX 200. The company has a debt-to-equity ratio of 71.51, a current ratio of 1.07 and a quick ratio of 0.93.

M&C Saatchi (LON:SAA) last released its quarterly earnings results on Thursday, September 18th. The company reported GBX 4.20 EPS for the quarter. M&C Saatchi had a return on equity of 34.45% and a net margin of 2.43%.

Analyst Ratings Changes

Several research firms have recently issued reports on SAA. Berenberg Bank decreased their price objective on M&C Saatchi from GBX 200 to GBX 150 and set a “buy” rating on the stock in a report on Monday, November 24th. Deutsche Bank Aktiengesellschaft cut their price objective on M&C Saatchi from GBX 220 to GBX 190 and set a “buy” rating on the stock in a report on Monday, November 24th. Peel Hunt cut shares of M&C Saatchi to a “hold” rating and decreased their price objective for the company from GBX 185 to GBX 115 in a research report on Monday, November 24th. Finally, Panmure Gordon cut their target price on shares of M&C Saatchi from GBX 200 to GBX 174 and set a “buy” rating on the stock in a research note on Monday, November 24th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, M&C Saatchi has a consensus rating of “Moderate Buy” and a consensus price target of GBX 157.25.

About M&C Saatchi

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.