M&C Saatchi (LON:SAA) Hits New 12-Month Low - Should You Sell?

Key Points

• M&C Saatchi's share price hit a new 52-week low at GBX 140.50 ($1.89) during mid-day trading on Monday.
• Analysts have downgraded their price targets for M&C Saatchi, with Deutsche Bank lowering its target from GBX 248 to GBX 220, while the consensus target price is now GBX 201.67.
• The company reported earnings of GBX 4.20 per share with a return on equity of 34.45%, although it faces financial challenges indicated by a high price-to-earnings ratio of 1,749.69.

M&C Saatchi plc (LON:SAA - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 141 ($1.90) and last traded at GBX 140.50 ($1.89), with a volume of 67435 shares. The stock had previously closed at GBX 142.50 ($1.92).

Analysts Set New Price Targets

Several equities research analysts have weighed in on SAA shares. Deutsche Bank Aktiengesellschaft cut their price target 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. Berenberg Bank dropped their target price 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. Finally, Peel Hunt lowered their price target on M&C Saatchi from GBX 215 to GBX 185 and set a "buy" rating for the company in a report on Thursday, September 18th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of GBX 201.67.

M&C Saatchi Stock Down 1.4%

The business has a 50-day simple moving average of GBX 164.40 and a two-hundred day simple moving average of GBX 170.63. The company has a market capitalization of £170.30 million, a price-to-earnings ratio of 1,749.69 and a beta of 1.27. The company has a debt-to-equity ratio of 71.51, a quick ratio of 0.93 and a current ratio of 1.07.

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

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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