M&C Saatchi plc (LON:SAA – Get Free Report) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 134.62 and traded as low as GBX 116.50. M&C Saatchi shares last traded at GBX 118.50, with a volume of 76,192 shares trading hands.
Analyst Ratings Changes
Separately, Berenberg Bank decreased their target price on M&C Saatchi from GBX 195 to GBX 175 and set a “buy” rating for the company in a research report on Tuesday, September 22nd. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 163.50.
Get Our Latest Analysis on SAA
M&C Saatchi Stock Performance
M&C Saatchi (LON:SAA – Get Free Report) last announced 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 net margin of 3.00% and a negative return on equity of 32.44%.
M&C Saatchi Company Profile
We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.
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