Published On: Sun, Sep 11th, 2016

JPMorgan Chase & Co. Increases Senior plc (SNR) Price Target to GBX 240

Senior plc (LON:SNR) had its price objective lifted by investment analysts at JPMorgan Chase & Co. from GBX 220 ($2.93) to GBX 240 ($3.20) in a report released on Tuesday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 1.18% from the company’s current price.
Other analysts also recently issued reports about the stock. Peel Hunt restated a “buy” rating and set a GBX 265 ($3.53) price objective on shares of Senior plc in a research report on Tuesday, June 21st. Panmure Gordon decreased their price objective on shares of Senior plc from GBX 230 ($3.06) to GBX 186 ($2.48) and set a “hold” rating on the stock in a research report on Tuesday, July 26th. Berenberg Bank decreased their price objective on shares of Senior plc from GBX 290 ($3.86) to GBX 245 ($3.26) and set a “buy” rating on the stock in a research report on Friday, May 13th. Jefferies Group raised their price objective on shares of Senior plc from GBX 235 ($3.13) to GBX 245 ($3.26) and gave the company a “buy” rating in a research report on Monday, August 1st. Finally, Liberum Capital restated a “hold” rating and set a GBX 225 ($3.00) price objective on shares of Senior plc in a research report on Monday, August 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 242.50 ($3.23).
Shares of Senior plc (LON:SNR) traded down 1.17% during trading on Tuesday, hitting GBX 237.20. 424,372 shares of the stock traded hands. Senior plc has a 12 month low of GBX 167.08 and a 12 month high of GBX 282.70. The stock’s market cap is GBX 993.39 million. The firm’s 50-day moving average price is GBX 226.35 and its 200-day moving average price is GBX 218.02.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/11/jpmorgan-chase-co-increases-senior-plc-snr-price-target-to-gbx-240.html

The company also recently declared a dividend, which will be paid on Wednesday, November 30th. Investors of record on Thursday, October 20th will be paid a dividend of GBX 1.95 ($0.03) per share. The ex-dividend date is Thursday, October 20th. This represents a dividend yield of 0.87%.
In related news, insider Harding ,Derek sold 1,709 shares of Senior plc stock in a transaction dated Monday, September 5th. The shares were sold at an average price of GBX 240 ($3.20), for a total transaction of £4,101.60 ($5,462.97).
About Senior plc
Senior plc is a United Kingdom-based holding company. The Company is an engineering solutions provider. The Company designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the aerospace, defense, land vehicle and energy markets. It operates in two divisions: Aerospace and Flexonics.

Receive News & Ratings for Senior plc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Senior plc and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>