Staffline Group (STAF) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Staffline Group (LON:STAF) in a research report sent to investors on Tuesday. They currently have a GBX 1,250 ($16.33) price target on the stock.

Separately, Liberum Capital reissued a buy rating on shares of Staffline Group in a research report on Monday, January 7th.

LON:STAF opened at GBX 990 ($12.94) on Tuesday. Staffline Group has a twelve month low of GBX 912 ($11.92) and a twelve month high of GBX 1,451.72 ($18.97).

In other Staffline Group news, insider Chris Pullen acquired 1,616 shares of the company’s stock in a transaction dated Wednesday, December 19th. The shares were acquired at an average cost of GBX 1,236 ($16.15) per share, with a total value of £19,973.76 ($26,099.26).

About Staffline Group

Staffline Group plc, together with its subsidiaries, provides recruitment and outsourced human resource services to industry; and services in the welfare to work arena and skills training in the United Kingdom. The company operates through two segments, Recruitment and PeoplePlus. It provides labor solutions to the agriculture, food processing, manufacturing, e-retail, driving, and logistics sectors under the Staffline OnSite, Select Appointments, Staffline Express, Driving Plus, Staffline Agriculture, Brightwork, and Diamond Recruitment brand names; and employability, skills, and well-being services to central and local government, and commercial customers under the PeoplePlus brand.

Further Reading: Cash Flow

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