SVG Capital plc (LON:SVI) had its price target hoisted by stock analysts at Raymond James Financial, Inc. from GBX 1.75 ($0.02) to GBX 2.25 ($0.03) in a report issued on Thursday, StockTargetPrices.com reports. The firm presently has a “strong-buy” rating on the stock. Raymond James Financial, Inc.’s price objective suggests a potential downside of 99.69% from the stock’s current price.
SVG Capital plc (LON:SVI) traded up 0.07% during trading on Thursday, reaching GBX 718.50. The company’s stock had a trading volume of 241,155 shares. The firm’s 50-day moving average price is GBX 7.38 and its 200 day moving average price is GBX 7.42. SVG Capital plc has a 12-month low of GBX 475.10 and a 12-month high of GBX 723.50. The company’s market capitalization is GBX 1.12 billion.
In other news, insider Andrew Sykes sold 18,878 shares of the business’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of GBX 715 ($8.83), for a total transaction of £134,977.70 ($166,700.88). Also, insider Lynn Fordham sold 22,269 shares of the business’s stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of GBX 715 ($8.83), for a total value of £159,223.35 ($196,644.87).
About SVG Capital plc
SVG Capital plc is a United Kingdom-based private equity investor. The Company’s investment objective is to achieve capital appreciation by investing in a portfolio of private equity and private equity-related assets. The Company invests in private equity and private equity related assets. The Company seeks to operate with a view to ensuring that no single underlying portfolio investment represents approximately 15% of the Company’s investment portfolio by value at the time of acquisition.