Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Senior (LON:SNR) Stock

Senior (LON:SNR) had its target price boosted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 215 to GBX 255 in a report released on Friday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 1.80% from the stock’s current price.

A number of other equities analysts have also weighed in on SNR. Jefferies Financial Group boosted their price target on shares of Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Berenberg Bank restated a “buy” rating and set a GBX 275 target price on shares of Senior in a report on Friday, November 21st. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Senior currently has an average rating of “Buy” and an average target price of GBX 253.33.

Senior Trading Up 1.0%

Shares of SNR stock opened at GBX 250.50 on Friday. Senior has a fifty-two week low of GBX 113 and a fifty-two week high of GBX 294.25. The company has a debt-to-equity ratio of 59.35, a quick ratio of 0.84 and a current ratio of 1.56. The stock’s fifty day moving average is GBX 197.91 and its two-hundred day moving average is GBX 195.13. The firm has a market capitalization of £1.04 billion, a P/E ratio of -134.68, a PEG ratio of 0.11 and a beta of 1.47.

Insiders Place Their Bets

In related news, insider Ian King purchased 75,000 shares of Senior stock in a transaction that occurred on Wednesday, November 26th. The stock was purchased at an average cost of GBX 174 per share, with a total value of £130,500. Also, insider Mary Waldner bought 10,000 shares of the stock in a transaction dated Friday, December 5th. The shares were acquired at an average price of GBX 188 per share, for a total transaction of £18,800. Over the last quarter, insiders have purchased 137,500 shares of company stock valued at $24,957,500. 1.48% of the stock is owned by corporate insiders.

About Senior

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.