FinnCap Reiterates Buy Rating for Staffline Group Plc (STAF)
Staffline Group Plc (LON:STAF)‘s stock had its “buy” rating reissued by research analysts at FinnCap in a research report issued on Thursday. They presently have a GBX 1,615 ($20.18) price objective on the stock. FinnCap’s price objective suggests a potential upside of 84.05% from the company’s previous close.
Several other equities research analysts have also recently weighed in on STAF. Liberum Capital reissued a “buy” rating and issued a GBX 1,100 ($13.74) price target on shares of Staffline Group Plc in a research note on Wednesday, July 27th. Berenberg Bank raised Staffline Group Plc to a “buy” rating and increased their price target for the company from GBX 900 ($11.24) to GBX 1,250 ($15.62) in a research note on Thursday, August 11th. Finally, Credit Suisse Group AG started coverage on Staffline Group Plc in a research note on Thursday, September 22nd. They issued an “underperform” rating and a GBX 800 ($10.00) price target for the company. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,243 ($15.53).
Shares of Staffline Group Plc (LON:STAF) opened at 883.50 on Thursday. Staffline Group Plc has a 12 month low of GBX 725.00 and a 12 month high of GBX 1,819.00. The company has a 50-day moving average price of GBX 831.92 and a 200-day moving average price of GBX 950.45. The firm’s market cap is GBX 224.04 million.
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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