M&C Saatchi (LON:SAA) Price Target Raised to GBX 170

M&C Saatchi (LON:SAA) had its price objective hoisted by Berenberg Bank from GBX 150 to GBX 170 in a research note published on Monday,Digital Look reports. The brokerage currently has a buy rating on the stock.

Separately, Panmure Gordon reissued a “buy” rating and issued a GBX 174 price target on shares of M&C Saatchi in a report on Monday, January 19th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 162.25.

M&C Saatchi Price Performance

LON SAA opened at GBX 123 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.93 and a debt-to-equity ratio of 141.12. The company has a fifty day simple moving average of GBX 120.22 and a 200 day simple moving average of GBX 126.70. The company has a market cap of £148.24 million, a P/E ratio of 15.32 and a beta of 0.99. M&C Saatchi has a 1 year low of GBX 100.50 and a 1 year high of GBX 200.

M&C Saatchi (LON:SAA) last posted its quarterly earnings data on Monday, April 20th. The company reported GBX (1.85) earnings per share (EPS) for the quarter. The firm had revenue of £347.40 million for the quarter. M&C Saatchi had a return on equity of 24.52% and a net margin of 2.74%.

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.