M&C Saatchi (SAA) Given Buy Rating at Numis Securities

Numis Securities reaffirmed their buy rating on shares of M&C Saatchi (LON:SAA) in a report released on Friday.

LON:SAA opened at GBX 380 ($4.95) on Friday. M&C Saatchi has a 52 week low of GBX 290 ($3.78) and a 52 week high of GBX 420 ($5.47).

The company also recently disclosed a dividend, which will be paid on Friday, November 9th. Investors of record on Thursday, October 25th will be issued a GBX 2.45 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, October 25th. This represents a yield of 0.63%.

In related news, insider Jamie Hewitt sold 54,451 shares of the stock in a transaction that occurred on Friday, September 21st. The stock was sold at an average price of GBX 375 ($4.88), for a total value of £204,191.25 ($265,977.92).

M&C Saatchi Company Profile

M&C Saatchi plc provides advertising and marketing services worldwide. The company offers its services in the areas of media buying, direct marketing, talent management, mobile marketing, research agency, Website construction, branding and digital marketing, design, marketing strategy, finished art and production, management studio, marketing consultant, and sport sponsorship and entertainment PR agency.

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