SThree (LON:STEM) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Key Points

• Deutsche Bank raised SThree’s price target to GBX 360 from GBX 260 and maintained a “buy” rating, implying 30.67% upside from the current price.
• Berenberg also reaffirmed its “buy” rating with a GBX 250 target, while analysts’ consensus remains “Buy” with an average target of GBX 305.
• SThree shares opened at GBX 275.50, and insider Timo Lehne recently purchased 20,427 shares at GBX 289 each, adding to insider buying activity.

SThree (LON:STEM - Get Free Report) had its price objective upped by Deutsche Bank Aktiengesellschaft from GBX 260 to GBX 360 in a note issued to investors on Wednesday, Digital Look reports. The brokerage currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 30.67% from the stock's current price.

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 250 price objective on shares of SThree in a research report on Tuesday, July 21st. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 305.

SThree Price Performance

Shares of LON STEM opened at GBX 275.50 on Wednesday. The company has a debt-to-equity ratio of 23.25, a current ratio of 2.05 and a quick ratio of 1.69. SThree has a 1-year low of GBX 132.20 and a 1-year high of GBX 301. The company has a market capitalization of £333.54 million, a price-to-earnings ratio of 27.28, a PEG ratio of 0.75 and a beta of 0.75. The business has a 50-day moving average of GBX 248.97 and a 200-day moving average of GBX 193.06.

SThree (LON:STEM - Get Free Report) last announced its earnings results on Tuesday, July 21st. The company reported GBX 2.10 EPS for the quarter. SThree had a return on equity of 5.85% and a net margin of 1.04%. On average, equities analysts anticipate that SThree will post 38.490881 EPS for the current fiscal year.

Insider Activity

In other SThree news, insider Timo Lehne purchased 20,427 shares of the business's stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired at an average price of GBX 289 per share, for a total transaction of £59,034.03. Insiders bought 20,495 shares of company stock worth $5,915,295 over the last 90 days. 15.69% of the stock is currently owned by insiders.

About SThree

SThree plc brings skilled people together to build the future. We are the global STEM workforce consultancy, placing highly skilled, STEM specialist workers in the industries where they are needed most. We advise businesses, build expert teams, and deliver project solutions for our clients. With 40 years of experience in pure-play STEM and a global team with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles. We provide permanent and flexible contract talent to a diverse base of around 6,000 clients.

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