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 Tuesday . The stock traded as high as GBX 264 and last traded at GBX 258.41, with a volume of 1299033 shares trading hands. The stock had previously closed at GBX 259.

Analysts Set New Price Targets

A number of research analysts have weighed in on SNR shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 275 price target on shares of Senior in a research note on Friday, November 21st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Senior from GBX 215 to GBX 255 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, Jefferies Financial Group upped their target price 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. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 253.33.

Senior Stock Performance

The company has a market capitalization of £1.06 billion, a price-to-earnings ratio of -138.44, a P/E/G ratio of 0.11 and a beta of 1.47. The stock’s 50 day moving average price is GBX 229.41 and its 200 day moving average price is GBX 204.64. The company has a current ratio of 1.56, a quick ratio of 0.84 and a debt-to-equity ratio of 59.35.

Insider Buying and Selling

In related news, insider Mary Waldner purchased 10,000 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was purchased at an average cost of GBX 188 per share, for a total transaction of £18,800. Company 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.