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Home / Stocks and Markets at Lows / Senior (SNR.L) 14-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Senior (SNR.L) 14-02-20

Shares in Senior (SNR.L) have fallen notably from recent highs of 237p. Will the trend prevail, or is this an opportunity for you to pick up a bargain?

 

  • Currently at 163.3p (at time of writing). A move up to highs would represent a rise of 45%.
  • These share are amongst the biggest fallers in the period.
  • Is the move unfinished, or are we about to see a bounce?
  • The market has been known to over-react to bad news. Investors should consider whether these falls are justified, or is this an over-reaction?
  • Shares -31% from 12-month highs; +2% from 12 month lows.

Latest News

04 Feb:  Barclays Capital has downgraded its rating on Senior (SNR) to underweight (from equal weight) and reduced the target price to 146p (from 180p).

04 Feb:  Berenberg has downgraded its rating on Senior (SNR) to hold (from buy) and reduced the target price to 175p (from 185p).

03 Feb:  JP Morgan Cazenove reiterates its neutral rating on Senior (SNR) and reduced the target price to 160p (from 180p).

31 Jan:  Peel Hunt reiterates its hold rating on Senior (SNR) and reduced the target price to 150p (from 175p).

31 Jan:  Senior, the component manufacturer, said that revenues and margins in the aerospace business unit were expected to decline in 2020, as a result of the grounding of Boeing’s 737 MAX.

20 Dec:  JP Morgan Cazenove reiterates its neutral rating on Senior (SNR) and increased the target price to 180p (from 165p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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