Sanne Group (LON:SNN) had its price objective lowered by Jefferies Financial Group from GBX 735 ($9.67) to GBX 700 ($9.21) in a research note released on Monday morning, Stock Target Advisor reports. The firm currently has a buy rating on the stock.

SNN has been the topic of several other reports. Liberum Capital reiterated a hold rating on shares of Sanne Group in a research report on Monday, March 16th. Royal Bank of Canada lowered shares of Sanne Group to a sector performer rating and increased their price target for the company from GBX 660 ($8.68) to GBX 700 ($9.21) in a research report on Friday, January 10th. Berenberg Bank reiterated a buy rating and issued a GBX 650 ($8.55) price target on shares of Sanne Group in a research report on Wednesday, January 29th. Finally, HSBC lowered shares of Sanne Group to a hold rating and increased their price target for the company from GBX 645 ($8.48) to GBX 675 ($8.88) in a research report on Monday, January 13th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Sanne Group has a consensus rating of Hold and a consensus target price of GBX 679.29 ($8.94).

SNN stock opened at GBX 538 ($7.08) on Monday. The company’s 50 day simple moving average is GBX 575.73 and its 200-day simple moving average is GBX 593.28. The firm has a market capitalization of $788.36 million and a PE ratio of 59.12. Sanne Group has a 12 month low of GBX 474.45 ($6.24) and a 12 month high of GBX 762 ($10.02). The company has a debt-to-equity ratio of 75.64, a current ratio of 1.62 and a quick ratio of 1.62.

The company also recently disclosed a dividend, which will be paid on Wednesday, May 20th. Investors of record on Thursday, April 23rd will be paid a dividend of GBX 9.40 ($0.12) per share. This is an increase from Sanne Group’s previous dividend of $4.70. The ex-dividend date of this dividend is Thursday, April 23rd. This represents a dividend yield of 1.88%. Sanne Group’s dividend payout ratio is presently 1.54%.

Sanne Group 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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Analyst Recommendations for Sanne Group (LON:SNN)

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