JP Morgan Cazenove disclosed Fenner PLC (LON:FENR), supporting its stock price target at 119.00GBX earlier today
- Updated: September 17, 2016
Having a price of 0.00GBX, Fenner PLC (LON:FENR) traded 1.04% higher on the day. With the last close down 28.90% relative to the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same period. Fenner PLC has registered a 50-day average of 168.66GBX and 200-day moving average of 151.28GBX. 272,669 shares of FENR traded, down from ann avg. volume of 361,912
In a statement issued on 8/22/2016 JP Morgan Cazenove maintained the target price of Fenner PLC (LON:FENR) at 119GBX indicating a possible upsideof 0.00%.
Previously on 8/19/2016, Peel Hunt reported about Fenner PLC(LON:FENR) bumped the target price from 180.00GBX to 190.00GBX. At the time, this indicated a possible upside of 0.00%.
Recent Performance Graphic:
In addition to JP Morgan Cazenove reporting it’s stock price target, a total of 10 firms have issued a report on FENR. The consensus target is 122.69GBX with three analysts rating the company a strong buy, 0 rating the company a buy, four analysts rating the stock a hold, four firms rating the company to underperform, and finally one analyst rating the company as sell.
With a market cap of 0.0 GBX, Fenner PLC has a one-year low of 95.25GBX and a 52 week high of 195.00GBX with a PE ratio of 0.
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, and construction equipment and agriculture.
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