Credit Suisse Group AG began coverage on shares of Staffline Group Plc (LON:STAF) in a research note released on Thursday morning. The brokerage issued an underperform rating and a GBX 800 ($10.44) target price on the stock.
A number of other analysts also recently weighed in on the company. Liberum Capital reiterated a buy rating and set a GBX 1,100 ($14.36) price target on shares of Staffline Group Plc in a report on Tuesday, July 5th. Berenberg Bank raised shares of Staffline Group Plc to a buy rating and increased their price objective for the stock from GBX 900 ($11.75) to GBX 1,250 ($16.32) in a research report on Thursday, August 11th. Finally, FinnCap reissued a buy rating and set a GBX 1,615 ($21.08) price objective (down previously from GBX 1,700 ($22.19)) on shares of Staffline Group Plc in a research report on Tuesday, July 5th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of GBX 1,243 ($16.23).
Staffline Group Plc (LON:STAF) opened at 863.00 on Thursday. Staffline Group Plc has a 12 month low of GBX 725.00 and a 12 month high of GBX 1,640.00. The firm’s 50-day moving average price is GBX 1,005.97 and its 200-day moving average price is GBX 1,061.43. The firm’s market cap is GBX 218.84 million.
The firm also recently declared a dividend, which will be paid on Tuesday, November 15th. Investors of record on Thursday, October 13th will be given a GBX 10.50 ($0.14) dividend. The ex-dividend date is Thursday, October 13th. This represents a yield of 1.18%.
In other Staffline Group Plc news, insider Pullen,Chris purchased 12,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 27th. The shares were acquired at an average price of GBX 905 ($11.81) per share, with a total value 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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