Charles Stanley Group (LON:CAY) had its price target upped by investment analysts at Canaccord Genuity from GBX 400 ($5.36) to GBX 420 ($5.62) in a research note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s target price would suggest a potential upside of 11.26% from the stock’s current price.

Several other equities analysts have also recently commented on the stock. Peel Hunt cut shares of Charles Stanley Group to a “hold” rating and set a GBX 390 ($5.22) target price for the company. in a research report on Wednesday, November 22nd. Canaccord Genuity Group restated a “buy” rating and issued a GBX 400 ($5.36) target price on shares of Charles Stanley Group in a research report on Friday, November 3rd.

Shares of Charles Stanley Group (CAY) traded down GBX 6 ($0.08) during trading hours on Wednesday, hitting GBX 377.50 ($5.06). 1,060 shares of the stock traded hands, compared to its average volume of 7,353. Charles Stanley Group has a one year low of GBX 271.75 ($3.64) and a one year high of GBX 434 ($5.81).

In related news, insider Ben Money Coutts acquired 5,500 shares of the stock in a transaction that occurred on Friday, November 24th. The stock was acquired at an average cost of GBX 365 ($4.89) per share, for a total transaction of £20,075 ($26,884.96). Insiders bought a total of 5,611 shares of company stock valued at $2,052,275 over the last 90 days.

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About Charles Stanley Group

Charles Stanley Group PLC is an investment company. The Company provides investment management services, financial planning and pension administration. The Company’s segments are Investment Management Services, Asset Management, Financial Planning, Charles Stanley Direct and Support functions. The Investment Management Services division provides personal investment services to individuals, companies, trusts and charities and includes platform dealing, custody and self-invested personal pension (SIPP) and individual savings account (ISA) administration services.

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