Liberum Capital reaffirmed their buy rating on shares of Staffline Group Plc (LON:STAF) in a research report sent to investors on Tuesday morning. They currently have a GBX 1,100 ($14.36) price objective on the stock.
STAF has been the topic of a number of other research reports. FinnCap reiterated a buy rating and issued a GBX 1,700 ($22.19) target price on shares of Staffline Group Plc in a report on Wednesday, June 1st. Credit Suisse Group AG began coverage on Staffline Group Plc in a report on Thursday, September 22nd. They issued an underperform rating and a GBX 800 ($10.44) target price on the stock. Finally, Berenberg Bank downgraded Staffline Group Plc to a hold rating and dropped their target price for the company from GBX 1,700 ($22.19) to GBX 900 ($11.75) in a report on Friday, July 1st. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 1,243 ($16.23).
Staffline Group Plc (LON:STAF) opened at 852.38 on Tuesday. The firm’s market capitalization is GBX 216.15 million. The stock’s 50 day moving average is GBX 998.20 and its 200-day moving average is GBX 1,056.81. Staffline Group Plc has a 52-week low of GBX 725.00 and a 52-week high of GBX 1,640.00.
The company also recently disclosed a dividend, which will be paid on Tuesday, November 15th. Investors of record on Thursday, October 13th will be issued a GBX 10.50 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, October 13th. This represents a yield of 1.18%.
In other news, insider Pullen,Chris acquired 12,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 27th. The shares were purchased at an average price of GBX 905 ($11.81) per share, for a total transaction of £108,600 ($141,756.95).
About Staffline Group Plc
Staffline Group plc is an outsourcing company. The Company is engaged in provision of recruitment and outsourced human resource services to industry and services in the welfare to work arena and skills training. The Company’s operating segments include the provision of temporary staff to customers and the provision of welfare to work and other training services (Employability).
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