Liberum Capital Reiterates “Buy” Rating for Staffline Group Plc (STAF)
Staffline Group Plc (LON:STAF)‘s stock had its “buy” rating reissued by equities research analysts at Liberum Capital in a research note issued on Tuesday. They presently have a GBX 1,100 ($14.36) price target on the stock. Liberum Capital’s price objective points to a potential upside of 27.54% from the stock’s current price.
A number of other research analysts also recently issued reports on STAF. FinnCap restated a “buy” rating and set a GBX 1,700 ($22.19) price target on shares of Staffline Group Plc in a research note on Wednesday, June 1st. Berenberg Bank cut Staffline Group Plc to a “hold” rating and decreased their price objective for the stock from GBX 1,700 ($22.19) to GBX 900 ($11.75) in a research report on Friday, July 1st. Finally, Credit Suisse Group AG began coverage on Staffline Group Plc in a research report on Thursday, September 22nd. They set an “underperform” rating and a GBX 800 ($10.44) price objective for the company. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 1,243 ($16.23).
Shares of Staffline Group Plc (LON:STAF) opened at 862.50 on Tuesday. The company’s 50 day moving average price is GBX 1,001.32 and its 200 day moving average price is GBX 1,058.42. Staffline Group Plc has a 12 month low of GBX 725.00 and a 12 month high of GBX 1,640.00. The stock’s market capitalization is GBX 239.34 billion.
The business also recently disclosed a dividend, which will be paid on Tuesday, November 15th. Shareholders of record on Thursday, October 13th will be given a dividend of GBX 10.50 ($0.14) per share. The ex-dividend date is Thursday, October 13th. This represents a yield of 1.18%.
In other Staffline Group Plc news, insider Pullen,Chris purchased 12,000 shares of Staffline Group Plc stock in a transaction dated Wednesday, July 27th. The stock was acquired at an average cost of GBX 905 ($11.81) per share, with a total value of £108,600 ($141,756.95).
About Staffline Group Plc
Staffline Group plc is an outsourcing company. The Company is engaged in provision of recruitment and outsourced human resource services to industry and services in the welfare to work arena and skills training. The Company’s operating segments include the provision of temporary staff to customers and the provision of welfare to work and other training services (Employability).
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