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Home / Stocks and Markets at Lows / Senior (SNR.L) 17-12-19

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

Senior (SNR.L) 17-12-19

Senior (SNR.L) has fallen significantly from the highs of 239.2p. Will the trend carry, or is this the chance to catch a bargain?

 

  • Currently at 172.12p (at time of writing). A rally to the recent highs would be an increase of 39%.
  • Senior (SNR.L) is one of the biggest fallers in the period.
  • Should this trend be respected, or are we about to see a big bounce?
  • The market will over-react to bad news. Is it is down for good reason, or is this an over-reaction?
  • Investors seeking a bargain should be mindful of underlying performance. Check our website and the company’s website for information on the stock.
  • Shares -28% from 12-month highs; +-1% from 12 month lows.

Latest News

13 Dec:  Barclays Capital reiterates its equal weight rating on Senior (SNR) and reduced the target price to 180p (from 210p).

 

09 Dec:  Senior, the engineering group, announced that it was looking at a potential a sale of its Aerostructures unit.

21 Nov:  Peel Hunt has downgraded its rating on Senior (SNR) to hold (from buy) and reduced the target price to 175p  (from 215p).

12 Nov:  Jefferies International reiterates its buy rating on Senior (SNR) and reduced the target price to 215p (from 255p).

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

 

Click to enlarge

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