Charles Stanley Group (CAY) Reaches New 52-Week Low Following Analyst Downgrade

Charles Stanley Group plc (LON:CAY) hit a new 52-week low during trading on Thursday after Peel Hunt lowered their price target on the stock from GBX 360 to GBX 340. Peel Hunt currently has a hold rating on the stock. Charles Stanley Group traded as low as GBX 300 ($3.92) and last traded at GBX 300 ($3.92), with a volume of 8127 shares changing hands. The stock had previously closed at GBX 310 ($4.05).

The company also recently declared a dividend, which will be paid on Friday, January 18th. Investors of record on Thursday, December 13th will be paid a GBX 2.75 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, December 13th. This represents a dividend yield of 0.92%.

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Charles Stanley Group Company Profile (LON:CAY)

Charles Stanley Group PLC provides wealth management services in the United Kingdom. The company operates through four divisions: Investment Management Services, Asset Management, Financial Planning, and Charles Stanley Direct. The Investment Management Services division offers discretionary, advisory, cash management, and execution-only services to private clients, trusts, charities, and companies.

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