Liberum Capital Reaffirms Buy Rating for Sanne Group PLC (SNN)

Sanne Group PLC (LON:SNN)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a research report issued to clients and investors on Tuesday. They presently have a GBX 905 ($11.94) price objective on the stock. Liberum Capital’s price target suggests a potential upside of 13.76% from the stock’s current price.

Separately, Berenberg Bank increased their target price on Sanne Group PLC from GBX 770 ($10.16) to GBX 915 ($12.07) and gave the company a “buy” rating in a research report on Wednesday, October 4th.

Sanne Group PLC (SNN) opened at 801.95 on Tuesday. Sanne Group PLC has a 52 week low of GBX 482.06 and a 52 week high of GBX 837.00. The company has a 50 day moving average of GBX 789.32 and a 200 day moving average of GBX 710.47. The stock’s market capitalization is GBX 1.11 billion.

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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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