SCS Group (SCS) Given “Buy” Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of SCS Group (LON:SCS) in a research report sent to investors on Friday.

SCS Group stock traded up GBX 6 ($0.08) during trading hours on Friday, hitting GBX 228 ($2.98). 37,532 shares of the stock traded hands, compared to its average volume of 59,434. SCS Group has a 1 year low of GBX 127.13 ($1.66) and a 1 year high of GBX 237 ($3.10).

The company also recently declared a dividend, which will be paid on Monday, November 26th. Shareholders of record on Thursday, November 1st will be paid a dividend of GBX 10.90 ($0.14) per share. This represents a yield of 5.05%. The ex-dividend date is Thursday, November 1st. This is an increase from SCS Group’s previous dividend of $5.30.

About SCS Group

ScS Group plc, together with its subsidiaries, engages in the retail of upholstered furniture and flooring 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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