Hansard Global plc (LON:HSD) was downgraded by investment analysts at Macquarie to a “neutral” rating in a report released on Friday. They currently have a GBX 128 ($1.67) target price on the stock. Macquarie’s price objective would indicate a potential upside of 6.67% from the stock’s current price.
Separately, Panmure Gordon restated a “buy” rating and issued a GBX 124 ($1.62) target price on shares of Hansard Global plc in a research note on Thursday, July 28th.
Hansard Global plc (LON:HSD) opened at 121.44 on Friday. Hansard Global plc has a one year low of GBX 94.15 and a one year high of GBX 142.75. The company has a 50-day moving average of GBX 124.38 and a 200 day moving average of GBX 112.49. The company’s market cap is GBX 166.84 million.
The company also recently announced a dividend, which will be paid on Thursday, November 17th. Shareholders of record on Thursday, September 29th will be paid a GBX 5.30 ($0.07) dividend. This represents a yield of 4.42%. This is an increase from Hansard Global plc’s previous dividend of $3.60. The ex-dividend date is Thursday, September 29th.
In other Hansard Global plc news, insider Gordon Stuart Marr sold 75,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 22nd. The shares were sold at an average price of GBX 115 ($1.50), for a total value of £86,250 ($112,583.21).
About Hansard Global plc
Hansard Group Plc, based in the Isle of Man, is engaged in offering a range of around 200 unit-linked, long term savings and investment funds. These are sold through more than 540 independent financial advisors to approximately 42,000 policyholders in over 120 countries. The Company’s services for financial advisors include: market intelligence support; worldwide marketing and distribution; tax efficient Isle of Man policies; tax efficient EU ‘freedom of services’ policies, and Hansard OnLine services.
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