Sanne Group (SNN) Hits New 1-Year Low at $575.00

Shares of Sanne Group PLC (LON:SNN) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 575 ($7.51) and last traded at GBX 577 ($7.54), with a volume of 184058 shares trading hands. The stock had previously closed at GBX 600 ($7.84).

Several analysts have issued reports on the company. Liberum Capital restated a “hold” rating on shares of Sanne Group in a report on Tuesday, September 11th. Royal Bank of Canada upped their target price on Sanne Group from GBX 940 ($12.28) to GBX 950 ($12.41) and gave the company an “outperform” rating in a report on Monday, June 18th. Finally, Numis Securities restated an “add” rating on shares of Sanne Group in a report on Friday, August 3rd.

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

About Sanne Group (LON:SNN)

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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