Fenner plc (FENR) Rating Reiterated by FinnCap
FENR has been the subject of several other reports. Peel Hunt restated a buy rating and issued a GBX 380 ($5.01) target price on shares of Fenner plc in a research note on Tuesday, August 29th. Numis Securities Ltd restated an add rating and issued a GBX 385 ($5.08) target price on shares of Fenner plc in a research note on Friday, September 8th. Investec restated a sell rating and issued a GBX 300 ($3.96) target price on shares of Fenner plc in a research note on Monday, July 10th. Finally, J P Morgan Chase & Co restated a neutral rating on shares of Fenner plc in a research note on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 357.78 ($4.72).
Fenner plc (LON:FENR) opened at 328.25 on Friday. Fenner plc has a 52-week low of GBX 207.00 and a 52-week high of GBX 368.25. The company has a 50-day moving average price of GBX 335.26 and a 200 day moving average price of GBX 328.81. The company’s market capitalization is GBX 636.44 million.
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About Fenner plc
Fenner PLC is a United Kingdom-based provider of engineered solutions for performance-critical applications. The Company’s business segments include Engineered Conveyor Solutions and Advanced Engineered Products. The Engineered Conveyor Solutions is engaged in the manufacture of rubber ply belting, solid woven and steel cord conveyor belting for mining, power generation and industrial applications with complementary service operations, which design, install, monitor, maintain and operate conveyor systems for mining and industrial customers.
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