Sanne Group PLC (SNN) Receives “Outperform” Rating from Royal Bank Of Canada
Royal Bank Of Canada reissued their outperform rating on shares of Sanne Group PLC (LON:SNN) in a research report released on Thursday morning. They currently have a GBX 620 ($7.67) price target on the stock.
Separately, Berenberg Bank began coverage on shares of Sanne Group PLC in a research report on Thursday, September 15th. They set a buy rating and a GBX 600 ($7.43) price objective on the stock.
Sanne Group PLC (LON:SNN) traded down 0.10% during midday trading on Thursday, reaching GBX 492.00. The company’s stock had a trading volume of 1,640,683 shares. The firm has a 50 day moving average price of GBX 465.85 and a 200-day moving average price of GBX 425.16. The firm’s market cap is GBX 556.02 million. Sanne Group PLC has a 52 week low of GBX 285.75 and a 52 week high of GBX 493.00.
The firm also recently declared a dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 15th will be given a GBX 3.20 ($0.04) dividend. This represents a yield of 0.68%. The ex-dividend date of this dividend is Thursday, September 15th.
Sanne Group PLC Company Profile
Sanne Group plc is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services. The Company operates through seven segments: Debt, Real Estate, Private Equity, Corporate and Institutional, Executive Incentives, Private Client and Treasury. The segments offer services, including fund and corporate administration; accounting and reporting services; asset servicing; loan agency and servicing (Debt); depositary services; compliance monitoring; transaction management; special purpose vehicle (SPV) administration; company secretary/governance support; regulatory reporting services; listing services for the channel Islands Securities Exchange (Corporate and Institutional); director and trustee services; portfolio reporting (private client); philanthropy services (Private Client), and cash and foreign exchange (FX) management (Treasury).
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