M&C Saatchi (LON:SAA) Hits New 1-Year Low - Should You Sell?

Key Points

• M&C Saatchi's stock price hit a new 52-week low of GBX 133 ($1.78) during trading, dropping from a previous close of GBX 136 ($1.82).
• Several analysts have updated their price targets for M&C Saatchi, with Deutsche Bank lowering theirs from GBX 248 to GBX 220 but maintaining a "buy" rating, while Peel Hunt and Berenberg Bank also set new targets.
• The stock currently has a consensus rating of "Buy" with an average target price of GBX 201.67, despite a market capitalization of £161.21 million and various performance metrics indicating some financial challenges.

M&C Saatchi plc (LON:SAA - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 133 ($1.78) and last traded at GBX 133 ($1.78), with a volume of 50836 shares. The stock had previously closed at GBX 136 ($1.82).

Analysts Set New Price Targets

SAA has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their target price on M&C Saatchi from GBX 248 to GBX 220 and set a "buy" rating on the stock in a report on Thursday, September 18th. Peel Hunt reaffirmed a "buy" rating and issued a GBX 185 price target on shares of M&C Saatchi in a report on Tuesday, October 7th. Finally, Berenberg Bank dropped their price target on M&C Saatchi from GBX 240 to GBX 200 and set a "buy" rating on the stock in a report on Thursday, September 18th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 201.67.

M&C Saatchi Stock Performance

The company has a current ratio of 1.07, a quick ratio of 0.93 and a debt-to-equity ratio of 71.51. The stock has a market capitalization of £161.21 million, a PE ratio of 16.56 and a beta of 1.27. The firm's 50-day simple moving average is GBX 156.33 and its two-hundred day simple moving average is GBX 168.88.

M&C Saatchi (LON:SAA - Get Free Report) last posted its quarterly earnings data on Thursday, September 18th. The company reported GBX 4.20 earnings per share for the quarter. M&C Saatchi had a net margin of 2.43% and a return on equity of 34.45%.

M&C Saatchi Company Profile

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.

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