Stobart Group Ltd (LON:STOB) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 119 ($1.55) and last traded at GBX 120.40 ($1.57), with a volume of 524529 shares trading hands. The stock had previously closed at GBX 122.80 ($1.60).
A number of equities research analysts have commented on STOB shares. Canaccord Genuity reiterated a “buy” rating and set a GBX 350 ($4.57) target price on shares of Stobart Group in a report on Wednesday, March 13th. HSBC initiated coverage on Stobart Group in a report on Tuesday, February 12th. They set a “reduce” rating and a GBX 138 ($1.80) target price on the stock.
The company has a market capitalization of $446.47 million and a price-to-earnings ratio of -14.16. The company has a debt-to-equity ratio of 29.96, a current ratio of 1.38 and a quick ratio of 0.99.
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About Stobart Group (LON:STOB)
Stobart Group Limited is engaged in infrastructure and support service businesses operating in the biomass energy, aviation and railway maintenance sectors, as well as has investments in a national property and logistics portfolio. Its segments are Energy, Aviation, Rail, Infrastructure and Investments.
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