Shanks Group plc (SKS) Receives Buy Rating from Peel Hunt
Shanks Group plc (LON:SKS)‘s stock had its “buy” rating reiterated by Peel Hunt in a research report issued on Thursday. They presently have a GBX 122 ($1.52) price target on the stock. Peel Hunt’s price target indicates a potential upside of 26.42% from the company’s current price.
Separately, Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 115 ($1.44) price target on shares of Shanks Group plc in a report on Thursday, October 27th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 104.40 ($1.30).
Shares of Shanks Group plc (LON:SKS) opened at 97.38 on Thursday. Shanks Group plc has a one year low of GBX 59.75 and a one year high of GBX 100.60. The company’s market capitalization is GBX 387.77 million. The company has a 50-day moving average price of GBX 95.65 and a 200 day moving average price of GBX 84.19.
In other news, insider Colin Matthews acquired 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 11th. The shares were bought at an average cost of GBX 114 ($1.42) per share, with a total value of £114,000 ($142,428.79).
About Shanks Group plc
Shanks Group plc is a waste-to-product company. The Company’s segments include Commercial Waste, Hazardous Waste, Municipal and Group central services. The Commercial Waste segment collects and treats commercial waste in the Netherlands and Belgium. The Hazardous Waste segment is engaged in industrial cleaning and treatment of hazardous waste.
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