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N+1 Singer reiterated Fenner PLC (LON:FENR) to Buy in a statement released earlier today.

N+1 Singer has reiterated Fenner PLC (LON:FENR) to Buy in a report released on 11/15/2017.

Previously on Friday November 03, 2017, Peel Hunt reported about Fenner PLC (LON:FENR) held steady the target price at 425.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday Fenner PLC (LON:FENR) traded 5.03% higher at 362.88GBX. The company’s 50-day moving average is 335.52GBX and its 200-day moving average is 328.94GBX. The last stock close price is up 4.81% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 339,665 shares of the stock were exchanged, up from an average trading volume of 289,783

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Fenner PLC has a 52 week low of 207.00GBX and a 52 week high of 368.25GBX with a P/E ratio of 246.25 The company’s market cap is currently 0 GBX.

In addition to N+1 Singer 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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