Science Group’s (SAG) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Science Group (LON:SAG) in a research note published on Monday morning,London Stock Exchange reports. The firm currently has a GBX 758 ($9.79) price target on the stock.

Science Group Stock Performance

Shares of LON SAG opened at GBX 422.50 ($5.46) on Monday. The stock’s fifty day simple moving average is GBX 444.52 and its 200 day simple moving average is GBX 455.93. The stock has a market capitalization of £188.86 million, a price-to-earnings ratio of 31.90 and a beta of 0.46. The company has a quick ratio of 1.56, a current ratio of 2.01 and a debt-to-equity ratio of 19.36. Science Group has a 52-week low of GBX 327.96 ($4.24) and a 52-week high of GBX 494 ($6.38).

Science Group (LON:SAG) last issued its quarterly earnings results on Monday, March 24th. The company reported GBX 26.50 ($0.34) earnings per share for the quarter. Science Group had a return on equity of 7.43% and a net margin of 5.44%. As a group, sell-side analysts forecast that Science Group will post 27.3000005 earnings per share for the current fiscal year.

Science Group Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 4th. Stockholders of record on Thursday, May 22nd will be given a GBX 8 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a dividend yield of 1.95%. Science Group’s dividend payout ratio (DPR) is presently 60.40%.

About Science Group

Science Group plc, a science, engineering, and technology business company, provides consultancy services in the United Kingdom, rest of Europe, North America, Asia, and internationally. The company operates through three segments: Services Operating Business, Product Operating Business, and Freehold Properties.