Berenberg Bank Cuts M&C Saatchi (LON:SAA) Price Target to GBX 175

M&C Saatchi (LON:SAA – Free Report) had its target price trimmed by Berenberg Bank from GBX 195 to GBX 175 in a research note issued to investors on Tuesday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

M&C Saatchi Trading Down 4.9%

LON:SAA opened at GBX 127 on Tuesday. M&C Saatchi has a 12 month low of GBX 100.50 and a 12 month high of GBX 152. The firm has a market cap of £151.10 million, a price-to-earnings ratio of -68.65 and a beta of 0.55. The company has a quick ratio of 0.93, a current ratio of 1.12 and a debt-to-equity ratio of 185.24. The company’s 50 day moving average is GBX 141.98 and its 200-day moving average is GBX 134.90.

M&C Saatchi (LON:SAA – Get Free Report) last issued its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (3.52) earnings per share for the quarter. M&C Saatchi had a negative return on equity of 32.44% and a negative net margin of 3.00%.

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