Tarsus Group (TRS) Earns “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Tarsus Group (LON:TRS) in a research report report published on Thursday morning.

Other equities analysts have also issued reports about the company. Liberum Capital lifted their price objective on Tarsus Group from GBX 375 ($5.09) to GBX 400 ($5.43) and gave the stock a buy rating in a research note on Thursday, March 15th. Numis Securities upgraded Tarsus Group to a buy rating and set a GBX 380 ($5.15) price objective on the stock in a research note on Wednesday, February 28th.

Shares of Tarsus Group stock traded up GBX 7 ($0.09) during trading on Thursday, reaching GBX 308 ($4.18). The company’s stock had a trading volume of 32,949 shares, compared to its average volume of 39,054. Tarsus Group has a one year low of GBX 273 ($3.70) and a one year high of GBX 336 ($4.56).

The firm also recently disclosed a dividend, which will be paid on Thursday, July 12th. Stockholders of record on Thursday, May 31st will be paid a GBX 7 ($0.09) dividend. The ex-dividend date is Thursday, May 31st. This is a positive change from Tarsus Group’s previous dividend of $3.00. This represents a dividend yield of 2.28%.

In other Tarsus Group news, insider Robert T. E. Ware acquired 25,000 shares of the company’s stock in a transaction dated Thursday, April 19th. The shares were acquired at an average cost of GBX 308 ($4.18) per share, for a total transaction of £77,000 ($104,449.27). Also, insider Neville Buch sold 50,000 shares of Tarsus Group stock in a transaction dated Friday, March 9th. The stock was sold at an average price of GBX 300 ($4.07), for a total value of £150,000 ($203,472.60).

About Tarsus Group

Tarsus Group plc, an integrated media company, engages in exhibitions, conferences, publishing, education, and Internet activities. It operates through three segments: EMEA, Americas, and Asia. The company owns and manages a portfolio of trade exhibitions; reinforces its trade shows through online interaction; and leadership conferences.

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