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Fenner PLC (LON:FENR) target price raised to 153.00GBX, reported today by JP Morgan Cazenove

Fenner PLC (LON:FENR) had its target price raised to 153.00GBX by JP Morgan Cazenove in a report released 9/26/2016. The new target price indicates steady performance relative to the company's last stock close price.

Previously on 9/14/2016, JP Morgan Cazenove reported about Fenner PLC (LON:FENR) held steady the target price at 151.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday Fenner PLC (LON:FENR) traded -0.79% lower at 0.00GBX. The company’s 50-day moving average is 173.05GBX and its 200-day moving average is 153.14GBX. The last stock close price is down 23.09% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 7,447 shares of the stock were exchanged, down from an average trading volume of 367,284

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Fenner PLC has a 52 week low of 95.25GBX and a 52 week high of 197.00GBX The company’s market cap is currently 0 GBX.

In addition to JP Morgan Cazenove reporting its target price, a total of 10 firms have reported on the stock. The consensus target price is 122.69GBX with 3 firms rating the stock a strong buy, 0 firms rating the stock a buy, 4 firms rating the stock a hold, 4 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Fenner PLC (LON:FENR)

Fenner PLC is a United Kingdom-based provider of engineered solutions for performance-critical applications. The Company's business segments include Engineered Conveyor Solutions and Advanced Engineered Products. The Engineered Conveyor Solutions is engaged in the manufacture of rubber ply belting, solid woven and steel cord conveyor belting for mining, power generation and industrial applications with complementary service operations, which design, install, monitor, maintain and operate conveyor systems for mining and industrial customers. The Advanced Engineered Products is engaged in manufacture of precision polymer products, including precision drives; power transmission and motion transfer components; silicone and complex hoses; lay-flat hoses; seals and sealing solutions; technical textiles; rollers, and fluoropolymer components. It offers its products to range of markets, including medical, energy, transportation, general industrial, construction equipment and agriculture.

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