M&C Saatchi (LON:SAA) Price Target Lowered to GBX 190 at Deutsche Bank Aktiengesellschaft

M&C Saatchi (LON:SAA) had its price target decreased by Deutsche Bank Aktiengesellschaft from GBX 220 to GBX 190 in a research note issued to investors on Monday,London Stock Exchange reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

A number of other analysts have also recently commented on SAA. Berenberg Bank cut their target price on shares of M&C Saatchi from GBX 200 to GBX 150 and set a “buy” rating for the company in a research note on Monday. Panmure Gordon dropped their price target on shares of M&C Saatchi from GBX 200 to GBX 174 and set a “buy” rating for the company in a research report on Monday. Finally, Peel Hunt cut shares of M&C Saatchi to a “hold” rating and reduced their price target for the stock from GBX 185 to GBX 115 in a research report on Monday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, M&C Saatchi currently has a consensus rating of “Moderate Buy” and an average target price of GBX 157.25.

M&C Saatchi Trading Down 2.1%

LON:SAA traded down GBX 2.50 during midday trading on Monday, hitting GBX 117. 135,841 shares of the company traded hands, compared to its average volume of 361,454. M&C Saatchi has a 12-month low of GBX 100.50 and a 12-month high of GBX 200. The firm’s fifty day moving average is GBX 137.69 and its 200-day moving average is GBX 163.58. The firm has a market capitalization of £141.82 million, a P/E ratio of 14.57 and a beta of 1.27. The company has a current ratio of 1.07, a quick ratio of 0.93 and a debt-to-equity ratio of 71.51.

M&C Saatchi (LON:SAA) last announced its quarterly earnings data on Thursday, September 18th. The company reported GBX 4.20 earnings per share (EPS) for the quarter. M&C Saatchi had a return on equity of 34.45% and a net margin of 2.43%.

About M&C Saatchi

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.