SThree (LON:STEM) Price Target Lowered to GBX 390 at Berenberg Bank

SThree (LON:STEM) had its price target trimmed by Berenberg Bank from GBX 520 ($6.59) to GBX 390 ($4.94) in a report issued on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

SThree Price Performance

LON STEM opened at GBX 267 ($3.38) on Thursday. SThree has a 12 month low of GBX 221.50 ($2.81) and a 12 month high of GBX 457.50 ($5.80). The firm has a market capitalization of £354.84 million, a PE ratio of 641.05, a P/E/G ratio of 0.75 and a beta of 0.98. The company’s 50 day simple moving average is GBX 357.12 and its 200 day simple moving average is GBX 392.91. The company has a debt-to-equity ratio of 11.91, a current ratio of 1.89 and a quick ratio of 1.69.

Insider Transactions at SThree

In related news, insider Elaine O’Donnell acquired 5,500 shares of SThree stock in a transaction dated Thursday, November 14th. The stock was acquired at an average cost of GBX 344 ($4.36) per share, with a total value of £18,920 ($23,982.76). Also, insider Timo Lehne bought 85,028 shares of the business’s stock in a transaction dated Wednesday, September 25th. The shares were bought at an average cost of GBX 375 ($4.75) per share, for a total transaction of £318,855 ($404,176.70). In the last 90 days, insiders have bought 90,633 shares of company stock valued at $33,813,420. Corporate insiders own 6.23% of the company’s stock.

SThree Company Profile

SThree plc provides specialist recruitment services in the sciences, technology, engineering, and mathematics markets in the United Kingdom, Austria, Germany, Switzerland, Netherlands, Spain, Belgium, France, the United States, Dubai, Japan. The company offers recruitment services for permanent and contract roles, as well as support services.