Staffline Group Plc (STAF) To Go Ex-Dividend on October 13th
Staffline Group Plc (LON:STAF) declared a dividend on Wednesday, July 27th. Shareholders of record on Thursday, October 13th will be paid a dividend of GBX 10.50 ($0.14) per share on Tuesday, November 15th. This represents a yield of 1.18%. The ex-dividend date of this dividend is Thursday, October 13th. The official announcement can be seen at this link.
Staffline Group Plc (LON:STAF) opened at 817.00 on Friday. Staffline Group Plc has a 52 week low of GBX 725.00 and a 52 week high of GBX 1,640.00. The firm has a 50-day moving average of GBX 967.89 and a 200 day moving average of GBX 1,039.62. The firm’s market capitalization is GBX 207.17 million.
In related news, insider Pullen,Chris bought 12,000 shares of the company’s stock in a transaction on Wednesday, July 27th. The shares were purchased at an average cost of GBX 905 ($11.81) per share, with a total value of £108,600 ($141,756.95).
Several brokerages recently issued reports on STAF. Berenberg Bank cut Staffline Group Plc to a “hold” rating and reduced their price objective for the stock from GBX 1,700 ($22.19) to GBX 900 ($11.75) in a research note on Friday, July 1st. FinnCap restated a “buy” rating and set a GBX 1,615 ($21.08) price objective (down from GBX 1,700 ($22.19)) on shares of Staffline Group Plc in a research note on Tuesday, July 5th. Liberum Capital restated a “buy” rating and set a GBX 1,100 ($14.36) price objective on shares of Staffline Group Plc in a research note on Tuesday, July 5th. Finally, Credit Suisse Group AG began coverage on Staffline Group Plc in a research note on Thursday, September 22nd. They set an “underperform” rating and a GBX 800 ($10.44) price objective on the stock. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,243 ($16.23).
About Staffline Group Plc
Staffline Group plc is a holding company, which is engaged in the provision of recruitment and outsourced human resource services to industry and services in the welfare to work arena and skills training. The Company has two segments: Staffing Services, which includes the provision of temporary staff to customers, and PeoplePlus, which includes the provision of welfare to work and other training services.
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