SThree (LON:STEM) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank maintained a "buy" rating for SThree, setting a price target of GBX 360 ($4.81), indicating a potential upside of 64.01% from its current price.
• Berenberg Bank also reiterated a "buy" rating with a higher price target of GBX 390 ($5.21) for SThree shares.
• SThree's recent quarterly earnings showed an EPS of GBX 5.60 ($0.07) and a return on equity of 20.90%.

SThree (LON:STEM - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Deutsche Bank Aktiengesellschaft in a report released on Wednesday, MarketBeat.com reports. They presently have a GBX 360 ($4.78) price objective on the stock. Deutsche Bank Aktiengesellschaft's target price points to a potential upside of 72.25% from the company's previous close.

Separately, Berenberg Bank restated a "buy" rating and set a GBX 390 ($5.18) price target on shares of SThree in a research note on Tuesday, July 29th.

SThree Price Performance

LON:STEM traded down GBX 2.50 ($0.03) during trading hours on Wednesday, hitting GBX 209 ($2.77). 389,099 shares of the stock were exchanged, compared to its average volume of 581,059. SThree has a 52-week low of GBX 208 ($2.76) and a 52-week high of GBX 420.94 ($5.59). The firm's fifty day moving average price is GBX 236.66 and its 200 day moving average price is GBX 246.91. The company has a current ratio of 1.98, a quick ratio of 1.69 and a debt-to-equity ratio of 16.03. The company has a market cap of £272.82 million, a P/E ratio of 5.53, a P/E/G ratio of 0.75 and a beta of 0.98.

SThree (LON:STEM - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported GBX 5.60 ($0.07) earnings per share (EPS) for the quarter. SThree had a return on equity of 20.90% and a net margin of 3.33%. As a group, equities research analysts anticipate that SThree will post 38.490881 EPS for the current fiscal year.

Insiders Place Their Bets

In other SThree news, insider Timo Lehne sold 1,579 shares of SThree stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of GBX 218 ($2.89), for a total value of £3,442.22 ($4,568.91). Over the last 90 days, insiders purchased 167 shares of company stock valued at $41,563. 6.23% 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 more than 38 years of experience in pure-play STEM and a global team of 2,700+ people each with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles.