Deutsche Bank Aktiengesellschaft Lowers M&C Saatchi (LON:SAA) Price Target to GBX 220

M&C Saatchi (LON:SAA) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 248 to GBX 220 in a research report report published on Thursday,Digital Look reports. They currently have a buy rating on the stock.

Other analysts also recently issued reports about the company. Peel Hunt reduced their price target on M&C Saatchi from GBX 215 to GBX 185 and set a “buy” rating for the company in a research note on Thursday. Berenberg Bank lowered their target price on M&C Saatchi from GBX 240 to GBX 200 and set a “buy” rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, M&C Saatchi presently has an average rating of “Buy” and a consensus price target of GBX 201.67.

M&C Saatchi Stock Up 3.0%

SAA stock opened at GBX 151.47 on Thursday. The company has a current ratio of 1.07, a quick ratio of 0.93 and a debt-to-equity ratio of 71.51. The firm has a market capitalization of £183.60 million, a PE ratio of 1,279.31 and a beta of 1.27. M&C Saatchi has a 1-year low of GBX 146.50 and a 1-year high of GBX 208. The business’s 50 day simple moving average is GBX 174.27 and its 200 day simple moving average is GBX 172.92.

M&C Saatchi (LON:SAA) last posted its earnings results on Thursday, September 18th. The company reported GBX 4.20 earnings per share for the quarter. M&C Saatchi had a return on equity of 34.45% and a net margin of 2.43%.

About M&C Saatchi

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.