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Stobart Group Ltd 5.1% Potential Decrease Indicated by HSBC

Stobart Group Ltd with EPIC/TICKER (LON:STOB) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘REDUCE’ this morning by analysts at HSBC. Stobart Group Ltd are listed in the Industrials sector within UK Main Market. HSBC have set their target price at 138 GBX on its stock. This would imply the analyst believes there is a potential downside of -5.1% from the opening price of 145.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 24.2 points and decreased 54.6 points respectively. The 52 week high share price is 272.5 GBX while the 52 week low for the share price is 139.85 GBX.

Stobart Group Ltd has a 50 day moving average of 159.95 GBX and the 200 Day Moving Average price is recorded at 217.25. There are currently 370,821,715 shares in issue with the average daily volume traded being 892,492. Market capitalisation for LON:STOB is £543,332,406 GBP.