M&C Saatchi (LON:SAA) Hits New 12-Month Low – Here’s What Happened

M&C Saatchi plc (LON:SAA) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 123 and last traded at GBX 127.50, with a volume of 261889 shares traded. The stock had previously closed at GBX 129.50.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on SAA shares. Deutsche Bank Aktiengesellschaft dropped their price target on shares of M&C Saatchi from GBX 248 to GBX 220 and set a “buy” rating for the company in a research note on Thursday, September 18th. Berenberg Bank lowered their price objective on M&C Saatchi from GBX 240 to GBX 200 and set a “buy” rating for the company in a research report on Thursday, September 18th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 185 price target on shares of M&C Saatchi in a research note on Tuesday, October 7th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 201.67.

M&C Saatchi Stock Down 1.5%

The stock has a market cap of £154.54 million, a P/E ratio of 15.88 and a beta of 1.27. The stock’s fifty day simple moving average is GBX 141.21 and its 200-day simple moving average is GBX 164.74. The company has a debt-to-equity ratio of 71.51, a current ratio of 1.07 and a quick ratio of 0.93.

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

M&C Saatchi Company Profile

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.