ST Ives PLC (LON:SIV) had its price objective lifted by equities researchers at Numis Securities Ltd from GBX 180 ($2.35) to GBX 190 ($2.48) in a report issued on Tuesday. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s target price points to a potential upside of 29.03% from the stock’s previous close.
Separately, Peel Hunt raised their price target on ST Ives PLC from GBX 150 ($1.96) to GBX 175 ($2.28) and gave the company a “buy” rating in a report on Tuesday, October 4th.
ST Ives PLC (LON:SIV) traded up 0.17% on Tuesday, reaching GBX 147.25. 942,605 shares of the company’s stock were exchanged. The stock’s market capitalization is GBX 209.16 million. The firm’s 50 day moving average is GBX 127.30 and its 200 day moving average is GBX 127.83. ST Ives PLC has a 1-year low of GBX 69.83 and a 1-year high of GBX 248.16.
The company also recently announced a dividend, which will be paid on Monday, December 19th. Investors of record on Thursday, November 24th will be issued a dividend of GBX 5.45 ($0.07) per share. This is a positive change from ST Ives PLC’s previous dividend of $2.35. This represents a yield of 3.63%. The ex-dividend date is Thursday, November 24th.
In other news, insider Stillwell,Richard bought 23,000 shares of the stock in a transaction that occurred on Friday, July 15th. The shares were purchased at an average cost of GBX 80 ($1.04) per share, with a total value of £18,400 ($24,017.75).