Numis Securities Ltd Reiterates Buy Rating for ST Ives PLC (SIV)

ST Ives PLC (LON:SIV)‘s stock had its “buy” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday. They presently have a GBX 135 ($1.68) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 128.81% from the company’s current price.

Several other research analysts have also issued reports on SIV. N+1 Singer cut their target price on shares of ST Ives PLC from GBX 227 ($2.83) to GBX 182 ($2.27) and set a “buy” rating on the stock in a research note on Thursday, October 13th. Peel Hunt reissued a “buy” rating and set a GBX 175 ($2.18) target price on shares of ST Ives PLC in a research note on Tuesday, January 10th.

ST Ives PLC (LON:SIV) opened at 59.00 on Thursday. The stock’s 50 day moving average is GBX 101.42 and its 200 day moving average is GBX 119.73. The firm’s market capitalization is GBX 83.99 million. ST Ives PLC has a 1-year low of GBX 58.00 and a 1-year high of GBX 248.17.

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About ST Ives PLC

St Ives plc is a United Kingdom-based international marketing services company. The Company operates through three segments: Strategic Marketing, Marketing Activation and Books. The Company’s Strategic Marketing segment consists of Data, Digital and Insight businesses. The Company’s Marketing Activation segment includes Marketing Print businesses and Field Marketing Business, which deliver marketing communications through a combination of print and in-store marketing services.

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