Canaccord Genuity Group Reaffirms Buy Rating for Science Group (LON:SAG)

Science Group (LON:SAG)‘s stock had its “buy” rating reiterated by equities researchers at Canaccord Genuity Group in a research note issued on Wednesday, Marketbeat Ratings reports. They presently have a GBX 758 ($10.17) price target on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 63.36% from the company’s previous close.

Science Group Price Performance

SAG opened at GBX 464 ($6.23) on Wednesday. Science Group has a one year low of GBX 327.96 ($4.40) and a one year high of GBX 494 ($6.63). The company has a debt-to-equity ratio of 19.36, a current ratio of 2.01 and a quick ratio of 1.56. The company’s 50 day simple moving average is GBX 431.44 and its 200-day simple moving average is GBX 446.28. The stock has a market capitalization of £207.41 million, a P/E ratio of 35.03 and a beta of 0.46.

Science Group (LON:SAG) last released its quarterly earnings results on Monday, March 24th. The company reported GBX 26.50 ($0.36) EPS for the quarter. Science Group had a net margin of 5.44% and a return on equity of 7.43%. Sell-side analysts anticipate that Science Group will post 27.3000005 earnings per share for the current fiscal year.

Insider Buying and Selling at Science Group

In other Science Group news, insider Daniel Edwards acquired 6,667 shares of Science Group stock in a transaction on Tuesday, March 25th. The shares were purchased at an average cost of GBX 425 ($5.70) per share, with a total value of £28,334.75 ($38,033.22). Also, insider Martyn Roy Ratcliffe acquired 10,000 shares of Science Group stock in a transaction on Monday, April 7th. The stock was acquired at an average cost of GBX 410 ($5.50) per share, for a total transaction of £41,000 ($55,033.56). Insiders own 24.43% of the company’s stock.

Science Group Company Profile

Science Group plc, a science, engineering, and technology business company, provides consultancy services in the United Kingdom, rest of Europe, North America, Asia, and internationally. The company operates through three segments: Services Operating Business, Product Operating Business, and Freehold Properties.