Charles Stanley Group plc (CAY) Upgraded by Canaccord Genuity to Buy
Charles Stanley Group plc (LON:CAY) was upgraded by equities researchers at Canaccord Genuity to a “buy” rating in a report released on Thursday. The firm presently has a GBX 305 ($3.81) price target on the stock, up from their previous price target of GBX 290 ($3.62). Canaccord Genuity’s target price would indicate a potential upside of 13.97% from the company’s previous close.
Separately, Peel Hunt reissued a “buy” rating and set a GBX 390 ($4.87) target price on shares of Charles Stanley Group plc in a research report on Thursday.
Shares of Charles Stanley Group plc (LON:CAY) opened at 302.88 on Thursday. The stock’s market capitalization is GBX 153.63 million. Charles Stanley Group plc has a one year low of GBX 235.00 and a one year high of GBX 344.75. The firm’s 50-day moving average is GBX 275.08 and its 200-day moving average is GBX 295.88.
In other news, insider Lilwall,Michael R. I sold 93,777 shares of the firm’s stock in a transaction dated Friday, August 26th. The shares were sold at an average price of GBX 317 ($3.96), for a total value of £297,273.09 ($371,405.66).
About Charles Stanley Group plc
Charles Stanley Group PLC is a United Kingdom-based investment management company that provides a range of investment management and financial planning services. The Company’s segments include Investment Management Services, Financial Services and Charles Stanley Direct. The Company’s Investment Management Services segment is engaged in the provision of investment services to individuals, companies, trusts and charities.
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