M&c Saatchi reiterated as Buy By numis

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.

LON:SAA

Over the last twelve months M&c Saatchi’s share price has increased from 0.00 to 344.74, changing by 0%.

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 .

M&C Saatchi Plc is a United Kingdom-based holding company. The Company is engaged in the provision of advertising and marketing services. The Company operates through segments, which include UK, Europe, Middle East and Africa, Asia and Australasia, and Americas. The Company operates through a network of over 20 offices in approximately 20 countries. The Company’s brands include Clear, Inside Mobile, Direct One, Bang, ST&P, Merlin Elite, Lean Mean Fighting Machine, Mademoiselle Scarlett, Heavenspot, Ben Natan Golan and Creative Spark. The Company’s subsidiaries include M&C Saatchi (UK) Ltd, LIDA Ltd, Talk PR Ltd, M&C Saatchi Sport & Entertainment Ltd, Clear Ideas Ltd and M&C Saatchi Mobile Ltd, which are located in the United Kingdom; M&C Saatchi Agency Pty Ltd, which is located in Australia; M&C Saatchi GAD SAS, which is located in France, M&C Saatchi Berlin GmbH, which is located in Germany.