SThree's (STEM) Buy Rating Reiterated at Berenberg Bank

Key Points

• Berenberg Bank has reiterated a "buy" rating for SThree with a price target of GBX 390, suggesting a potential upside of 101.65% from the current stock price.
• SThree's shares opened at GBX 193.40 and have seen a one-year low of GBX 190.60 and a high of GBX 418.50, indicating significant volatility in the stock's performance.
• Insider Timo Lehne sold 1,579 shares at an average price of GBX 218, while company insiders currently own 14.92% of the stock, highlighting ongoing insider activity.

Berenberg Bank reiterated their buy rating on shares of SThree (LON:STEM - Free Report) in a research note released on Tuesday, MarketBeat Ratings reports. The brokerage currently has a GBX 390 target price on the stock.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 360 target price on shares of SThree in a report on Wednesday, July 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 350.

SThree Stock Up 0.3%

STEM traded up GBX 0.60 on Tuesday, reaching GBX 194. The company's stock had a trading volume of 10,894,818 shares, compared to its average volume of 629,445. The stock has a 50 day moving average of GBX 219.75 and a two-hundred day moving average of GBX 235.86. The company has a quick ratio of 1.69, a current ratio of 1.98 and a debt-to-equity ratio of 16.03. The company has a market capitalization of £246.41 million, a price-to-earnings ratio of 889.91, a P/E/G ratio of 0.75 and a beta of 0.98. SThree has a fifty-two week low of GBX 190 and a fifty-two week high of GBX 418.50.

SThree (LON:STEM - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported GBX 5.60 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, analysts forecast that SThree will post 38.490881 EPS for the current fiscal year.

Insider Activity at SThree

In other news, insider Timo Lehne sold 1,579 shares of the company's stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of GBX 218, for a total transaction of £3,442.22. Insiders purchased a total of 167 shares of company stock worth $41,563 in the last three months. 14.92% of the stock is owned by corporate insiders.

SThree Company Profile

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.