Royal Bank Of Canada Reaffirms “Outperform” Rating for Sanne Group PLC (SNN)

Royal Bank Of Canada reiterated their outperform rating on shares of Sanne Group PLC (LON:SNN) in a report published on Thursday. Royal Bank Of Canada currently has a GBX 620 ($7.56) price target on the stock.

Separately, Berenberg Bank initiated coverage on shares of Sanne Group PLC in a report on Thursday, September 15th. They issued a buy rating and a GBX 600 ($7.31) target price on the stock.

Shares of Sanne Group PLC (LON:SNN) opened at 531.15 on Thursday. The firm has a 50 day moving average of GBX 471.32 and a 200 day moving average of GBX 427.56. Sanne Group PLC has a 52 week low of GBX 284.00 and a 52 week high of GBX 535.00. The firm’s market cap is GBX 600.27 million.

The company also recently announced a dividend, which was paid on Friday, October 14th. Investors of record on Thursday, September 15th were issued a GBX 3.20 ($0.04) dividend. The ex-dividend date was Thursday, September 15th. This represents a yield of 0.68%.

About Sanne Group PLC

Sanne Group plc is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services. The Company operates through seven segments: Debt, Real Estate, Private Equity, Corporate and Institutional, Executive Incentives, Private Client and Treasury. The segments offer services, including fund and corporate administration; accounting and reporting services; asset servicing; loan agency and servicing (Debt); depositary services; compliance monitoring; transaction management; special purpose vehicle (SPV) administration; company secretary/governance support; regulatory reporting services; listing services for the channel Islands Securities Exchange (Corporate and Institutional); director and trustee services; portfolio reporting (private client); philanthropy services (Private Client), and cash and foreign exchange (FX) management (Treasury).

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