N+1 Singer Reaffirms “Buy” Rating for M&C Saatchi Plc (SAA)

N+1 Singer restated their buy rating on shares of M&C Saatchi Plc (LON:SAA) in a research report report published on Thursday. The brokerage currently has a GBX 400 ($4.94) target price on the stock.

Separately, Numis Securities Ltd reaffirmed an add rating and set a GBX 434 ($5.36) price target on shares of M&C Saatchi Plc in a research note on Wednesday, March 8th.

Shares of M&C Saatchi Plc (LON:SAA) opened at 351.375 on Thursday. M&C Saatchi Plc has a 52 week low of GBX 275.25 and a 52 week high of GBX 383.75. The stock’s market capitalization is GBX 252.93 million. The company’s 50-day moving average is GBX 351.60 and its 200 day moving average is GBX 341.86.

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The business also recently announced a dividend, which will be paid on Friday, July 7th. Investors of record on Thursday, June 8th will be given a GBX 6.44 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, June 8th. This is a boost from M&C Saatchi Plc’s previous dividend of $1.85. This represents a dividend yield of 1.8%.

M&C Saatchi Plc Company Profile

M&C Saatchi Plc is a United Kingdom-based holding company. The Company is engaged in the provision of advertising and marketing services. The Company operates through segments, which include UK, Europe, Middle East and Africa, Asia and Australasia, and Americas. The Company operates through a network of over 20 offices in approximately 20 countries.

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