Senior (LON:SNR) Sets New 52-Week High – Still a Buy?

Shares of Senior plc (LON:SNR) hit a new 52-week high on Wednesday . The company traded as high as GBX 230 and last traded at GBX 229.50, with a volume of 3527316 shares trading hands. The stock had previously closed at GBX 219.

Analyst Upgrades and Downgrades

SNR has been the subject of a number of recent research reports. Jefferies Financial Group increased their target price on shares of Senior from GBX 185 to GBX 230 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 275 price objective on shares of Senior in a research note on Friday, November 21st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Senior presently has a consensus rating of “Buy” and a consensus price target of GBX 241.67.

Senior Trading Down 0.7%

The company has a market cap of £942.55 million, a PE ratio of -122.58, a price-to-earnings-growth ratio of 0.11 and a beta of 1.47. The company’s 50 day simple moving average is GBX 191.16 and its two-hundred day simple moving average is GBX 192.53. The company has a debt-to-equity ratio of 59.35, a current ratio of 1.56 and a quick ratio of 0.84.

Insider Buying and Selling at Senior

In related news, insider Graham Oldroyd bought 52,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The stock was purchased at an average cost of GBX 191 per share, for a total transaction of £100,275. Also, insider Ian King acquired 75,000 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was bought at an average price of GBX 174 per share, with a total value of £130,500. Insiders acquired 137,500 shares of company stock valued at $24,957,500 in the last 90 days. Company insiders own 1.48% of the company’s stock.

About Senior

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.