FinnCap Boosts STM Group Plc (LON:STM) Price Target to GBX 60

STM Group Plc (LON:STM) had its price target boosted by investment analysts at FinnCap from GBX 48 ($0.63) to GBX 60 ($0.78) in a research report issued to clients and investors on Tuesday, July 11th. The brokerage currently has a “corporate” rating on the financial services provider’s stock. FinnCap’s price target points to a potential upside of 11.11% from the company’s current price.

STM Group Plc (LON:STM) traded down 0.93% during mid-day trading on Tuesday, hitting GBX 53.50. The stock had a trading volume of 24,245 shares. STM Group Plc has a 12-month low of GBX 31.00 and a 12-month high of GBX 60.00. The stock has a 50-day moving average price of GBX 48.00 and a 200 day moving average price of GBX 43.35. The firm’s market cap is GBX 31.44 million.

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In other STM Group Plc news, insider Alan Roy Kentish sold 500,000 shares of the business’s stock in a transaction on Thursday, July 20th. The shares were sold at an average price of GBX 52 ($0.68), for a total transaction of £260,000 ($338,585.75).

About STM Group Plc

STM Group PLC is a financial services company engaged in the structuring and administration of clients’ assets. The Company operates through five segments: Corporate Trustee Services, Pensions, Insurance Management, STM Life and Other Services. It specializes in the delivery of a range of financial service products to professional intermediaries and in the administration of assets for international clients in relation to retirement, estate and succession planning, and wealth structuring.

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