Senior (LON:SNR) Hits New 1-Year High – What’s Next?

Senior plc (LON:SNR) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 259 and last traded at GBX 252, with a volume of 80811078 shares. The stock had previously closed at GBX 253.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SNR. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Senior from GBX 215 to GBX 255 and gave the company a “buy” rating in a research note on Friday, January 23rd. Berenberg Bank reiterated a “buy” rating and set a GBX 275 price target on shares of Senior in a research report on Friday, November 21st. Finally, Jefferies Financial Group boosted their price objective on Senior from GBX 185 to GBX 230 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 253.33.

Senior Price Performance

The firm has a market capitalization of £1.01 billion, a P/E ratio of -131.72, a price-to-earnings-growth ratio of 0.11 and a beta of 1.47. The business has a fifty day moving average of GBX 205.27 and a 200-day moving average of GBX 197.28. The company has a debt-to-equity ratio of 59.35, a quick ratio of 0.84 and a current ratio of 1.56.

Insiders Place Their Bets

In other Senior news, insider Mary Waldner purchased 10,000 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was bought at an average price of GBX 188 per share, with a total value of £18,800. Also, insider Ian King purchased 75,000 shares of the stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average cost of GBX 174 per share, for a total transaction of £130,500. Insiders own 1.48% of the company’s stock.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.