Published On: Mon, Sep 12th, 2016

Liberum Capital Reiterates “Hold” Rating for Senior plc (SNR)

Senior plc (LON:SNR)‘s stock had its “hold” rating reissued by equities research analysts at Liberum Capital in a report released on Monday. They currently have a GBX 225 ($3.00) target price on the stock. Liberum Capital’s price objective suggests a potential downside of 5.14% from the company’s current price.
A number of other research firms also recently issued reports on SNR. JPMorgan Chase & Co. decreased their target price on Senior plc from GBX 240 ($3.20) to GBX 220 ($2.93) and set a “neutral” rating for the company in a research report on Wednesday, June 29th. Peel Hunt reissued a “buy” rating and issued a GBX 265 ($3.53) target price on shares of Senior plc in a research report on Tuesday, June 21st. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 245 ($3.26) target price on shares of Senior plc in a research report on Wednesday, April 20th. Panmure Gordon decreased their target price on Senior plc from GBX 230 ($3.06) to GBX 186 ($2.48) and set a “hold” rating for the company in a research report on Tuesday, July 26th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 262 ($3.49) target price on shares of Senior plc in a research report on Tuesday, April 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 242.50 ($3.23).
Shares of Senior plc (LON:SNR) traded down 1.1667% during mid-day trading on Monday, hitting GBX 238.0203. The company had a trading volume of 424,372 shares. The company’s 50-day moving average is GBX 226.35 and its 200 day moving average is GBX 218.02. Senior plc has a one year low of GBX 167.08 and a one year high of GBX 282.70. The company’s market capitalization is GBX 996.83 million.

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The company also recently declared a dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, October 20th will be paid a dividend of GBX 1.95 ($0.03) per share. This represents a yield of 0.87%. The ex-dividend date is Thursday, October 20th.
In other Senior plc news, insider Harding ,Derek sold 1,709 shares of Senior plc stock in a transaction dated Monday, September 5th. The stock was 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.

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