Berenberg Bank Raises Sanne Group PLC (SNN) Price Target to GBX 915

Sanne Group PLC (LON:SNN) had its price objective upped by Berenberg Bank from GBX 770 ($10.21) to GBX 915 ($12.14) in a research report sent to investors on Wednesday. Berenberg Bank currently has a buy rating on the stock.

Shares of Sanne Group PLC (LON:SNN) opened at 830.00 on Wednesday. The company has a 50 day moving average of GBX 775.42 and a 200 day moving average of GBX 696.53. The company’s market cap is GBX 1.15 billion. Sanne Group PLC has a 1-year low of GBX 468.50 and a 1-year high of GBX 837.00.

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The business also recently declared a dividend, which will be paid on Friday, October 13th. Investors of record on Thursday, September 14th will be paid a GBX 4.20 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a yield of 0.52%.

Sanne Group PLC 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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