Stobart Group (LON:STOB) had its price target reduced by equities researchers at Canaccord Genuity from GBX 350 ($4.57) to GBX 190 ($2.48) in a research report issued on Thursday, Digital Look reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 63.51% from the stock’s previous close.
Separately, Jefferies Financial Group dropped their target price on Stobart Group from GBX 174 ($2.27) to GBX 168 ($2.20) and set a “buy” rating for the company in a research report on Thursday.
Stobart Group stock opened at GBX 116.20 ($1.52) on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.50 and a debt-to-equity ratio of 32.85. The company has a market capitalization of $438.49 million and a PE ratio of -7.00. Stobart Group has a 12 month low of GBX 98.10 ($1.28) and a 12 month high of GBX 209.50 ($2.74). The stock has a 50-day moving average price of GBX 124.35 and a two-hundred day moving average price of GBX 120.96.
Stobart Group Limited is engaged in infrastructure and support service businesses operating in the biomass energy, aviation and railway maintenance sectors, as well as has investments in a national property and logistics portfolio. Its segments are Energy, Aviation, Rail, Infrastructure and Investments.
See Also: Current Ratio
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