Fenner plc (LON:FENR)‘s stock had its “buy” rating restated by analysts at FinnCap in a research report issued on Friday. They presently have a GBX 385 ($5.08) target price on the stock. FinnCap’s price target would suggest a potential upside of 19.47% from the stock’s current price.
A number of other research firms have also recently commented on FENR. Peel Hunt reissued a “buy” rating and issued a GBX 380 ($5.01) target price on shares of Fenner plc in a research note on Tuesday, July 25th. Numis Securities Ltd reissued an “add” rating and issued a GBX 385 ($5.08) target price on shares of Fenner plc in a research note on Friday, September 8th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Fenner plc in a research note on Friday, September 8th. Finally, Investec reissued a “sell” rating and issued a GBX 300 ($3.96) target price on shares of Fenner plc in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 357.78 ($4.72).
Fenner plc (FENR) opened at 322.25 on Friday. The company’s market capitalization is GBX 624.80 million. The firm’s 50-day moving average price is GBX 336.88 and its 200 day moving average price is GBX 328.64. Fenner plc has a 52 week low of GBX 207.00 and a 52 week high of GBX 368.25.
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Fenner plc Company Profile
Fenner PLC is a United Kingdom-based provider of engineered solutions for performance-critical applications. The Company’s business segments include Engineered Conveyor Solutions and Advanced Engineered Products. The Engineered Conveyor Solutions is engaged in the manufacture of rubber ply belting, solid woven and steel cord conveyor belting for mining, power generation and industrial applications with complementary service operations, which design, install, monitor, maintain and operate conveyor systems for mining and industrial customers.
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