Credit Suisse Group Reaffirms “Outperform” Rating for Shanks Group plc (SKS)

Credit Suisse Group Reaffirms “Outperform” Rating for Shanks Group plc (SKS)

Credit Suisse Group restated their outperform rating on shares of Shanks Group plc (LON:SKS) in a research report report published on Tuesday. Credit Suisse Group currently has a GBX 115 ($1.44) price target on the stock.

Separately, Peel Hunt reiterated a buy rating and set a GBX 122 ($1.52) price target on shares of Shanks Group plc in a research note on Monday, January 9th.

Shanks Group plc (LON:SKS) opened at 95.50 on Tuesday. The stock’s 50 day moving average price is GBX 92.96 and its 200-day moving average price is GBX 91.86. The company’s market cap is GBX 581.98 million. Shanks Group plc has a 52 week low of GBX 59.75 and a 52 week high of GBX 100.60.

The firm also recently announced a dividend, which was paid on Friday, January 6th. Stockholders of record on Thursday, November 24th were paid a GBX 0.95 ($0.01) dividend. The ex-dividend date was Thursday, November 24th. This represents a dividend yield of 0.98%.

About Shanks Group plc

Shanks Group plc is a waste-to-product company. The Company’s segments include Commercial Waste, Hazardous Waste, Municipal and Group central services. The Commercial Waste segment collects and treats commercial waste in the Netherlands and Belgium. The Hazardous Waste segment is engaged in industrial cleaning and treatment of hazardous waste.

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