Sanderson Group plc (SND) Coverage Initiated at N+1 Singer

Analysts at N+1 Singer assumed coverage on shares of Sanderson Group plc (LON:SND) in a research report issued to clients and investors on Wednesday. The firm set a “corporate” rating on the stock.

Separately, Panmure Gordon reissued a “buy” rating and issued a GBX 107 ($1.30) price target on shares of Sanderson Group plc in a report on Tuesday, June 21st.

Sanderson Group plc (LON:SND) opened at 68.00 on Wednesday. The stock has a 50 day moving average price of GBX 68.01 and a 200-day moving average price of GBX 74.86. The firm’s market cap is GBX 37.18 million. Sanderson Group plc has a 12-month low of GBX 58.22 and a 12-month high of GBX 89.00.

About Sanderson Group plc

Sanderson Group PLC (Sanderson) is a provider of software solutions and information technology (IT) services. The Company operates through two divisions: multi-channel retail and manufacturing. The Company’s products are categorized into multi-channel software, wholesale distribution software, food and drink enterprise resource planning (ERP) software, and manufacturing resource planning (MRP)/ERP software.

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