Tarsus Group (TRS) Earns Buy Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Tarsus Group (LON:TRS) in a report released on Wednesday morning. The brokerage currently has a GBX 360 ($5.05) price target on the stock.

Other research analysts also recently issued research reports about the stock. Numis Securities raised shares of Tarsus Group to a buy rating and set a GBX 380 ($5.33) price objective for the company in a research note on Wednesday, February 28th. Liberum Capital reaffirmed a buy rating and set a GBX 375 ($5.26) price objective on shares of Tarsus Group in a research note on Friday, January 12th.

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LON TRS opened at GBX 282 ($3.96) on Wednesday. Tarsus Group has a 12 month low of GBX 273 ($3.83) and a 12 month high of GBX 336 ($4.72).

The business also recently disclosed a dividend, which will be paid on Thursday, July 12th. Stockholders of record on Thursday, May 31st will be paid a dividend of GBX 7 ($0.10) per share. The ex-dividend date of this dividend is Thursday, May 31st. This represents a dividend yield of 2.28%. This is an increase from Tarsus Group’s previous dividend of $3.00.

In other news, insider Neville Buch sold 50,000 shares of the company’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of GBX 300 ($4.21), for a total transaction of £150,000 ($210,555.87).

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Tarsus Group Company Profile

Tarsus Group plc is an integrated media group primarily engaged in exhibitions, along with associated conferences, publishing, education and Internet activities. The principal activity of the Company is the holding of investments. The Company operates through three segments: EMEA, Americas, and Asia.

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