Senior (LON:SNR) Sets New 1-Year High – Here’s What Happened

Senior plc (LON:SNR) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 259 and last traded at GBX 252, with a volume of 80811078 shares. The stock had previously closed at GBX 253.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SNR. Jefferies Financial Group increased their price target on shares of Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Berenberg Bank reiterated a “buy” rating and set a GBX 275 target price on shares of Senior in a research note on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Senior from GBX 215 to GBX 255 and gave the company a “buy” rating in a research report on Friday, January 23rd. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 253.33.

Senior Stock Down 0.4%

The company has a debt-to-equity ratio of 59.35, a quick ratio of 0.84 and a current ratio of 1.56. The firm has a market capitalization of £1.04 billion, a price-to-earnings ratio of -135.48, a PEG ratio of 0.11 and a beta of 1.47. The firm has a fifty day moving average price of GBX 200.65 and a 200 day moving average price of GBX 196.13.

Insiders Place Their Bets

In related news, insider Mary Waldner purchased 10,000 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was acquired at an average price of GBX 188 per share, for a total transaction of £18,800. Also, insider Ian King acquired 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The shares were bought at an average cost of GBX 174 per share, for a total transaction of £130,500. Corporate insiders own 1.48% of the company’s stock.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.