Sanne Group’s (LON:SNN) “Add” Rating Reaffirmed at Numis Securities

Numis Securities reaffirmed their add rating on shares of Sanne Group (LON:SNN) in a research note issued to investors on Wednesday, September 12th.

SNN has been the subject of several other reports. Liberum Capital reaffirmed a hold rating on shares of Sanne Group in a report on Tuesday, September 11th. Royal Bank of Canada boosted their price target on shares of Sanne Group from GBX 940 ($12.28) to GBX 950 ($12.41) and gave the stock an outperform rating in a report on Monday, June 18th.

LON SNN traded down GBX 28 ($0.37) on Wednesday, hitting GBX 622 ($8.13). 116,883 shares of the company’s stock traded hands, compared to its average volume of 314,684. Sanne Group has a 1-year low of GBX 579 ($7.57) and a 1-year high of GBX 837 ($10.94).

The business also recently declared a dividend, which will be paid on Friday, October 19th. Investors of record on Thursday, September 20th will be issued a GBX 4.60 ($0.06) dividend. This represents a yield of 0.73%. The ex-dividend date is Thursday, September 20th.

About Sanne Group

Sanne Group plc is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services. The Company operates through seven segments: Debt, Real Estate, Private Equity, Corporate and Institutional, Executive Incentives, Private Client and Treasury. The segments offer services, including fund and corporate administration; accounting and reporting services; asset servicing; loan agency and servicing (Debt); depositary services; compliance monitoring; transaction management; special purpose vehicle (SPV) administration; company secretary/governance support; regulatory reporting services; listing services for the channel Islands Securities Exchange (Corporate and Institutional); director and trustee services; portfolio reporting (private client); philanthropy services (Private Client), and cash and foreign exchange (FX) management (Treasury).

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