M&C Saatchi (LON:SAA) Receives “Buy” Rating from Numis Securities

Numis Securities reaffirmed their buy rating on shares of M&C Saatchi (LON:SAAGet Rating) in a research note released on Tuesday morning, Digital Look reports. They currently have a GBX 230 ($2.85) target price on the stock.

M&C Saatchi Stock Up 3.0 %

Shares of LON SAA opened at GBX 172.98 ($2.14) on Tuesday. The company has a market capitalization of £211.48 million and a P/E ratio of 3,360.00. M&C Saatchi has a 52-week low of GBX 127.20 ($1.57) and a 52-week high of GBX 227 ($2.81). The company has a debt-to-equity ratio of 220.74, a quick ratio of 0.93 and a current ratio of 0.93. The company’s 50 day moving average price is GBX 151.33 and its 200-day moving average price is GBX 148.94.

Insider Transactions at M&C Saatchi

In other news, insider Lisa Jane Gordon purchased 50,000 shares of the company’s stock in a transaction dated Tuesday, November 15th. The shares were purchased at an average price of GBX 140 ($1.73) per share, for a total transaction of £70,000 ($86,665.84).

About M&C Saatchi

(Get Rating)

M&C Saatchi plc provides advertising and marketing services in the United Kingdom, Europe, the Middle East, Africa, Asia, Australia, and the Americas. It offers its services in the areas of media and performance, advertising and CRM, sponsorship, branding, and global and social issues. The company was founded in 1995 and is based in London, the United Kingdom.

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