Liberum Capital Reiterates “Buy” Rating for Sanne Group PLC (SNN)

Liberum Capital reiterated their buy rating on shares of Sanne Group PLC (LON:SNN) in a report issued on Tuesday morning. They currently have a GBX 905 ($11.94) price objective on the stock.

Separately, Berenberg Bank boosted their price target on Sanne Group PLC from GBX 770 ($10.16) to GBX 915 ($12.07) and gave the company a buy rating in a research note on Wednesday, October 4th.

Sanne Group PLC (LON:SNN) traded up GBX 4.43 ($0.06) during trading on Tuesday, hitting GBX 804.43 ($10.62). The company’s stock had a trading volume of 191,539 shares, compared to its average volume of 112,108. Sanne Group PLC has a 1-year low of GBX 482.06 ($6.36) and a 1-year high of GBX 837 ($11.05).

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The company also recently declared a dividend, which was paid on Friday, October 13th. Shareholders of record on Thursday, September 14th were paid a dividend of GBX 4.20 ($0.06) per share. The ex-dividend date was Thursday, September 14th. This represents a dividend yield of 0.52%.

About Sanne Group PLC

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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