Sureserve Group (LON:SUR) Price Target Raised to GBX 50

Sureserve Group (LON:SUR) had its target price boosted by Peel Hunt from GBX 40 ($0.53) to GBX 50 ($0.66) in a research note issued to investors on Tuesday morning, Stock Target Advisor reports. Peel Hunt currently has a buy rating on the stock.

Separately, Shore Capital reissued a house stock rating on shares of Sureserve Group in a research report on Friday, October 4th.

LON SUR opened at GBX 45.50 ($0.60) on Tuesday. The company has a debt-to-equity ratio of 35.71, a current ratio of 1.24 and a quick ratio of 1.16. The firm’s fifty day moving average price is GBX 36.08 and its 200 day moving average price is GBX 30.68. The company has a market capitalization of $72.32 million and a price-to-earnings ratio of 26.76. Sureserve Group has a 12 month low of GBX 24 ($0.32) and a 12 month high of GBX 47 ($0.62).

The firm also recently disclosed a dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 0.50 ($0.01) per share. This is an increase from Sureserve Group’s previous dividend of $0.25. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, January 30th.

Sureserve Group Company Profile

Sureserve Group plc provides asset and energy support services in the United Kingdom. The company operates through Compliance and Energy Services segments. It offers gas compliance services, including emergency call out facilities, service programs to meet compliance requirements, installations and repairs to gas appliances and systems, void works, building and associated works, electrical installations and repair, legionella risk assessment, and carbon monoxide and smoke detector installation services to local authority, housing association, and charity customers.

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