SES hits record share high
March 25, 2014
By Chris Forrester
Satellite operator SES saw its share price hit an all-time high of €27.44 on March 25th, up 1.72 per cent on the previous day, and reflecting an impressive rise over the past 5 trading days. Despite some profit taking the price held up at €27.18.
Five days ago (on March 19th) the SES share price stood at €25.62.
Market sentiment has been helped by various analyst reports, and a consensus “Strong Buy” from many of them, and most recently from Berenberg on March 18th and which amidst a highly positive report issued a target price for the operator of €29.60.