In an analyst rating update on Tuesday shares of M&c Saatchi (LON:SAA) had their rating reiterated by analysts at numis.
The broker said it has now set a ‘Buy’ rating on shares of M&c Saatchi with a price target of 408. The price target according to the broker shows a possible increase of 18.35% from the current stock price of 344.74.
The companies 50 day moving average is 334.22 and its 200 day moving average is 325.02. The 52 week high M&c Saatchi’s shares have peaked at is 374.75 whilst the 52 week low for the company’s shares is 275.25.
M&c Saatchi has 72,015,000 shares which are currently outstanding with a price of 344.74 calculating M&c Saatchi’s market capitalisation to 248.26M GBp .