M&C Saatchi (LON:SAA) Price Target Cut to GBX 175 by Analysts at Berenberg Bank

M&C Saatchi (LON:SAA) had its price target decreased by equities researchers at Berenberg Bank from GBX 195 to GBX 175 in a research report issued to clients and investors on Tuesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 26.75% from the stock’s current price.

M&C Saatchi Stock Down 6.1%

Shares of SAA stock opened at GBX 138.07 on Tuesday. M&C Saatchi has a 12 month low of GBX 100.50 and a 12 month high of GBX 153. The firm has a market cap of £164.27 million, a PE ratio of -74.63 and a beta of 0.55. The stock has a 50 day moving average of GBX 142.30 and a 200-day moving average of GBX 134.60. The company has a quick ratio of 0.93, a current ratio of 1.11 and a debt-to-equity ratio of 132.12.

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.