Berenberg Bank Reaffirms Buy Rating for Sanne Group (SNN)

Berenberg Bank reissued their buy rating on shares of Sanne Group (LON:SNN) in a research report released on Wednesday morning. Berenberg Bank currently has a GBX 915 ($12.25) price target on the stock.

Separately, Liberum Capital began coverage on shares of Sanne Group in a research report on Thursday, October 5th. They set a buy rating and a GBX 905 ($12.12) price objective for the company.

Sanne Group (SNN) traded down GBX 3.62 ($0.05) during trading hours on Wednesday, hitting GBX 726.38 ($9.73). 51,253 shares of the stock traded hands, compared to its average volume of 200,564. Sanne Group has a one year low of GBX 523 ($7.00) and a one year high of GBX 837 ($11.21).

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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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