Liberum Capital Begins Coverage on Sanne Group PLC (SNN)
Liberum Capital began coverage on shares of Sanne Group PLC (LON:SNN) in a research note issued to investors on Thursday. The firm issued a buy rating and a GBX 905 ($12.00) price target on the stock.
Separately, Berenberg Bank raised their price target on Sanne Group PLC from GBX 770 ($10.21) to GBX 915 ($12.14) and gave the stock a buy rating in a research report on Wednesday.
Shares of Sanne Group PLC (SNN) opened at 830.00 on Thursday. The stock’s market capitalization is GBX 1.15 billion. The firm has a 50-day moving average price of GBX 775.42 and a 200 day moving average price of GBX 696.53. Sanne Group PLC has a one year low of GBX 468.50 and a one year high of GBX 837.00.
The business also recently declared a dividend, which will be paid on Friday, October 13th. Shareholders of record on Thursday, September 14th will be given a dividend of GBX 4.20 ($0.06) per share. This represents a yield of 0.52%. The ex-dividend date of this dividend is Thursday, September 14th.
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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