Sanne Group (LON:SNN) Given “Hold” Rating at Liberum Capital

Sanne Group (LON:SNN)‘s stock had its “hold” rating reiterated by analysts at Liberum Capital in a research report issued on Thursday, Digital Look reports. They presently have a GBX 610 ($7.97) target price on the stock. Liberum Capital’s price objective points to a potential downside of 6.87% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 725 ($9.47) price target on shares of Sanne Group in a research report on Monday, March 29th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 674 ($8.81).

Shares of Sanne Group stock traded down GBX 13 ($0.17) during trading hours on Thursday, reaching GBX 655 ($8.56). 409,361 shares of the stock traded hands, compared to its average volume of 168,417. The company has a quick ratio of 2.75, a current ratio of 2.87 and a debt-to-equity ratio of 96.91. The firm has a market capitalization of £973.19 million and a price-to-earnings ratio of 38.30. The company has a 50 day moving average price of GBX 595.12 and a 200 day moving average price of GBX 594.29. Sanne Group has a one year low of GBX 525 ($6.86) and a one year high of GBX 712 ($9.30).

In other Sanne Group news, insider Rupert Robson purchased 8,818 shares of the business’s stock in a transaction on Thursday, January 28th. The stock was acquired at an average price of GBX 567 ($7.41) per share, for a total transaction of £49,998.06 ($65,322.79).

Sanne Group Company Profile

Sanne Group plc provides alternative asset and corporate administration services worldwide. The company operates through EMEA, Asia-Pacific & Mauritius, Channel Islands, and North America segments. It offers alternative asset services comprising private debt fund administration, capital markets, depositary, and loan agency and security trustee services to banks, insurance companies, and asset managers; real estate fund and corporate administration, real estate accounting, and complementary services; private equity fund administration, corporate administration, and portfolio monitoring services; and hedge fund administration services, as well as acts as an alternative investment fund manager.

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Analyst Recommendations for Sanne Group (LON:SNN)

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