SCS Group (LON:SCS) Stock Rating Reaffirmed by Peel Hunt

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SCS Group (LON:SCS)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a report released on Wednesday, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also weighed in on SCS. Shore Capital restated a “house stock” rating on shares of SCS Group in a report on Wednesday, November 6th. Peel Hunt restated a “buy” rating and issued a GBX 250 ($3.29) price objective on shares of SCS Group in a report on Tuesday, October 1st.

Shares of SCS stock opened at GBX 244.10 ($3.21) on Wednesday. The stock’s fifty day moving average is GBX 237.54 and its two-hundred day moving average is GBX 232.68. The firm has a market capitalization of $90.09 million and a P/E ratio of 8.91. SCS Group has a fifty-two week low of GBX 210 ($2.76) and a fifty-two week high of GBX 265 ($3.49).

In other SCS Group news, insider Paul Daccus sold 6,250,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of GBX 220 ($2.89), for a total value of £13,750,000 ($18,087,345.44).

SCS Group Company Profile

ScS Group plc, together with its subsidiaries, engages in the retail of upholstered furniture, flooring, and related products in the United Kingdom. Its stores offer various upholstered furniture products, including fabric and leather sofas; and flooring products, such as carpets, and laminate and vinyl flooring products.

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