Stobart Group (STOB) Receives New Coverage from Analysts at HSBC

HSBC assumed coverage on shares of Stobart Group (LON:STOB) in a research note released on Tuesday. The brokerage issued a reduce rating and a GBX 138 ($1.80) price target on the stock.

Shares of STOB stock opened at GBX 147.66 ($1.93) on Tuesday. Stobart Group has a one year low of GBX 196 ($2.56) and a one year high of GBX 304.40 ($3.98).

The firm also recently announced a dividend, which was paid on Thursday, January 31st. Investors of record on Thursday, January 10th were paid a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date was Thursday, January 10th. This represents a yield of 0.86%.

About Stobart Group

Stobart Group Limited is engaged in infrastructure and support service businesses operating in the biomass energy, aviation and railway maintenance sectors, as well as has investments in a national property and logistics portfolio. Its segments are Energy, Aviation, Rail, Infrastructure and Investments.

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