Fenner plc’s (FENR) “Underweight” Rating Reiterated at JPMorgan Chase & Co.
Several other analysts have also recently commented on the company. Jefferies Group lifted their price target on Fenner plc from GBX 181 ($2.41) to GBX 205 ($2.73) and gave the company a buy rating in a report on Friday, September 9th. FinnCap reiterated a hold rating on shares of Fenner plc in a report on Thursday, September 8th. Numis Securities Ltd reiterated a buy rating and set a GBX 200 ($2.66) target price on shares of Fenner plc in a report on Wednesday, September 7th. HSBC boosted their target price on Fenner plc from GBX 119 ($1.58) to GBX 151 ($2.01) and gave the stock an underweight rating in a report on Wednesday, September 7th. Finally, Peel Hunt boosted their target price on Fenner plc from GBX 180 ($2.40) to GBX 190 ($2.53) and gave the stock a buy rating in a report on Friday, August 19th. Five research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. Fenner plc currently has an average rating of Hold and a consensus target price of GBX 141.08 ($1.88).
Fenner plc (LON:FENR) opened at 196.25 on Wednesday. The firm has a 50-day moving average of GBX 168.66 and a 200 day moving average of GBX 151.28. The stock’s market capitalization is GBX 380.51 million. Fenner plc has a 52 week low of GBX 95.25 and a 52 week high of GBX 197.00.
About Fenner plc
Fenner PLC is a United Kingdom-based provider of engineered solutions for performance-critical applications. The Company’s business segments include Engineered Conveyor Solutions and Advanced Engineered Products. The Engineered Conveyor Solutions is engaged in the manufacture of rubber plywood, solid woven and steel cord conveyor belting for mining, power generation and industrial applications with complementary service operations, which design, install, monitor, maintain and operate conveyor systems for mining and industrial customers.
Receive News & Ratings for Fenner plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fenner plc and related companies with Analyst Ratings Network's FREE daily email newsletter.