Sanne Group (LON:SNN) Now Covered by Jefferies Financial Group

Stock analysts at Jefferies Financial Group started coverage on shares of Sanne Group (LON:SNN) in a research report issued to clients and investors on Thursday, Stock Target Advisor reports. The firm set a “buy” rating and a GBX 735 ($9.67) price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 14.84% from the stock’s previous close.

A number of other research analysts have also recently issued reports on SNN. HSBC cut Sanne Group to a “hold” rating and lifted their price objective for the company from GBX 645 ($8.48) to GBX 675 ($8.88) in a research note on Monday, January 13th. Royal Bank of Canada cut Sanne Group to a “sector performer” rating and lifted their price objective for the company from GBX 660 ($8.68) to GBX 700 ($9.21) in a research note on Friday, January 10th. Liberum Capital reiterated a “hold” rating on shares of Sanne Group in a research note on Wednesday, January 29th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 650 ($8.55) price objective on shares of Sanne Group in a research note on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 694.29 ($9.13).

SNN opened at GBX 640 ($8.42) on Thursday. The stock has a market cap of $937.82 million and a PE ratio of 70.33. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 75.64. The business has a 50 day moving average of GBX 634.30 and a 200-day moving average of GBX 588.05. Sanne Group has a 52 week low of GBX 482 ($6.34) and a 52 week high of GBX 762 ($10.02).

About Sanne Group

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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