SCS Group PLC (SCS) Rating Reiterated by FinnCap
SCS Group PLC (LON:SCS)‘s stock had its “buy” rating restated by analysts at FinnCap in a report released on Tuesday. They currently have a GBX 230 ($3.00) target price on the stock. FinnCap’s price objective indicates a potential upside of 25.00% from the stock’s previous close.
Shares of SCS Group PLC (LON:SCS) opened at 184.00 on Tuesday. The firm’s market capitalization is GBX 73.61 million. SCS Group PLC has a 52-week low of GBX 125.10 and a 52-week high of GBX 204.94. The company’s 50-day moving average is GBX 182.73 and its 200 day moving average is GBX 178.45.
In related news, insider Knight,David purchased 35,000 shares of SCS Group PLC stock in a transaction dated Tuesday, July 12th. The stock was purchased at an average cost of GBX 135 ($1.76) per share, for a total transaction of £47,250 ($61,676.02). Also, insider Smith,Alan purchased 6,667 shares of SCS Group PLC stock in a transaction dated Friday, July 15th. The shares were bought at an average price of GBX 150 ($1.96) per share, with a total value of £10,000.50 ($13,053.78).
About SCS Group PLC
ScS Group plc is a United Kingdom-based retailer of sofas and flooring. The Company’s business includes the upholstered furniture business and the flooring business. The upholstered furniture business specializes primarily in the retail of fabric and leather sofas and chairs. The flooring business focuses on the retail of carpets, as well as laminate and vinyl flooring.
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