M&C Saatchi (LON:SAA) Lowered to Hold Rating by Peel Hunt

Peel Hunt cut shares of M&C Saatchi (LON:SAA) to a hold rating in a research note issued to investors on Monday, MarketBeat reports. They currently have GBX 115 price target on the stock, down from their prior price target of GBX 185.

SAA has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of M&C Saatchi from GBX 248 to GBX 220 and set a “buy” rating for the company in a research report on Thursday, September 18th. Berenberg Bank cut their target price on M&C Saatchi from GBX 200 to GBX 150 and set a “buy” rating on the stock in a research note on Monday. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 164.75.

M&C Saatchi Trading Down 5.2%

Shares of LON SAA opened at GBX 119.50 on Monday. M&C Saatchi has a 12-month low of GBX 100.50 and a 12-month high of GBX 200. The company has a market cap of £144.85 million, a price-to-earnings ratio of 14.88 and a beta of 1.27. The company has a current ratio of 1.07, a quick ratio of 0.93 and a debt-to-equity ratio of 71.51. The stock’s 50 day simple moving average is GBX 137.69 and its 200 day simple moving average is GBX 163.58.

M&C Saatchi (LON:SAA) last issued its earnings results on Thursday, September 18th. The company reported GBX 4.20 earnings per share for the quarter. M&C Saatchi had a return on equity of 34.45% and a net margin of 2.43%.

M&C Saatchi Company Profile

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.