Sanne Group’s (SNN) “Hold” Rating Reaffirmed at Liberum Capital

Liberum Capital reissued their hold rating on shares of Sanne Group (LON:SNN) in a research note issued to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently issued reports on the stock. Berenberg Bank set a €54.00 ($62.79) target price on shares of 1&1 Drillisch and gave the company a buy rating in a report on Thursday, May 16th. JPMorgan Chase & Co. reissued a neutral rating on shares of Anglo American in a report on Wednesday, May 15th. HSBC reissued a buy rating on shares of Royal Bank of Scotland Group in a report on Thursday, June 13th. Finally, Numis Securities reissued a buy rating on shares of 3i Group in a report on Thursday, May 16th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Sanne Group presently has a consensus rating of Buy and a consensus price target of GBX 764 ($9.98).

Shares of SNN stock opened at GBX 733 ($9.58) on Wednesday. The firm’s fifty day simple moving average is GBX 702.52. The company has a debt-to-equity ratio of 44.31, a current ratio of 1.53 and a quick ratio of 1.53. Sanne Group has a 1 year low of GBX 446.50 ($5.83) and a 1 year high of GBX 737 ($9.63). The company has a market cap of $1.07 billion and a PE ratio of 58.17.

In other news, insider Rupert Robson purchased 249 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The shares were purchased at an average price of GBX 689 ($9.00) per share, with a total value of £1,715.61 ($2,241.75).

About Sanne Group

Sanne Group plc is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services. The Company operates through seven segments: Debt, Real Estate, Private Equity, Corporate and Institutional, Executive Incentives, Private Client and Treasury. The segments offer services, including fund and corporate administration; accounting and reporting services; asset servicing; loan agency and servicing (Debt); depositary services; compliance monitoring; transaction management; special purpose vehicle (SPV) administration; company secretary/governance support; regulatory reporting services; listing services for the channel Islands Securities Exchange (Corporate and Institutional); director and trustee services; portfolio reporting (private client); philanthropy services (Private Client), and cash and foreign exchange (FX) management (Treasury).

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Analyst Recommendations for Sanne Group (LON:SNN)

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