Staffline Group Plc (STAF) Price Target Raised to GBX 1,350 at Liberum Capital
Staffline Group Plc (LON:STAF) had its price objective increased by Liberum Capital from GBX 1,100 ($14.20) to GBX 1,350 ($17.43) in a research note published on Thursday. Liberum Capital currently has a buy rating on the stock.
Other research analysts also recently issued reports about the stock. Berenberg Bank restated a buy rating and set a GBX 1,250 ($16.14) price objective on shares of Staffline Group Plc in a research report on Thursday, February 9th. FinnCap reaffirmed a buy rating and set a GBX 1,615 ($20.85) target price on shares of Staffline Group Plc in a research note on Friday, February 3rd. Canaccord Genuity raised shares of Staffline Group Plc to a neutral rating and boosted their target price for the stock from GBX 800 ($10.33) to GBX 1,050 ($13.55) in a research note on Monday, February 27th. Finally, Credit Suisse Group AG raised shares of Staffline Group Plc to a neutral rating and boosted their target price for the stock from GBX 800 ($10.33) to GBX 1,050 ($13.55) in a research note on Monday, February 27th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 1,263 ($16.30).
Shares of Staffline Group Plc (LON:STAF) traded up 0.73% during mid-day trading on Thursday, reaching GBX 1244.00. The company had a trading volume of 91,641 shares. Staffline Group Plc has a one year low of GBX 725.00 and a one year high of GBX 1,270.00. The stock has a 50 day moving average of GBX 1,215.57 and a 200-day moving average of GBX 1,041.41. The firm’s market capitalization is GBX 317.57 million.
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In other Staffline Group Plc news, insider Andy Hogarth acquired 55,000 shares of Staffline Group Plc stock in a transaction that occurred on Tuesday, March 14th. The shares were bought at an average price of GBX 1,150 ($14.84) per share, with a total value of £632,500 ($816,445.08).
About Staffline Group Plc
Staffline Group plc is a holding company, which is engaged in the provision of recruitment and outsourced human resource services to industry and services in the welfare to work arena and skills training. The Company has two segments: Staffing Services, which includes the provision of temporary staff to customers, and PeoplePlus, which includes the provision of welfare to work and other training services.
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