Connect Group PLC (CNCT) Given “Buy” Rating at Shore Capital

Shore Capital restated their buy rating on shares of Connect Group PLC (LON:CNCT) in a research report report published on Thursday.

A number of other brokerages also recently issued reports on CNCT. Peel Hunt reissued an add rating and issued a GBX 135 ($1.78) price target on shares of Connect Group PLC in a report on Monday, July 24th. FinnCap decreased their price target on Connect Group PLC from GBX 187 ($2.47) to GBX 154 ($2.03) and set a buy rating for the company in a report on Monday, July 31st. Finally, J P Morgan Chase & Co decreased their price target on Connect Group PLC from GBX 152 ($2.01) to GBX 144 ($1.90) and set an overweight rating for the company in a report on Tuesday, July 25th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 157.80 ($2.08).

Shares of Connect Group PLC (CNCT) opened at 114.00 on Thursday. Connect Group PLC has a 1-year low of GBX 88.00 and a 1-year high of GBX 159.74. The firm’s 50-day moving average is GBX 100.84 and its 200-day moving average is GBX 112.67. The company’s market cap is GBX 279.30 million.

ILLEGAL ACTIVITY NOTICE: “Connect Group PLC (CNCT) Given “Buy” Rating at Shore Capital” was originally reported by Community Financial News and is owned by of Community Financial News. If you are accessing this article on another site, it was stolen and republished in violation of US and international trademark & copyright laws. The original version of this article can be read at https://www.com-unik.info/2017/10/30/connect-group-plc-cnct-given-buy-rating-at-shore-capital.html.

In other Connect Group PLC news, insider David Bauernfeind bought 20,000 shares of Connect Group PLC stock in a transaction dated Thursday, October 26th. The stock was acquired at an average cost of GBX 99 ($1.31) per share, with a total value of £19,800 ($26,128.27).

Connect Group PLC Company Profile

Connect Group PLC is a United Kingdom-based distribution company. The Company’s segments include Connect News & Media: News Distribution (Smiths News); Connect News & Media: Media (DMD); Connect Parcel Freight (Tuffnells); and Connect Books (Bertrams, Dawson Books and Wordery). Smiths News segment distributes newspapers and magazines to approximately 30,000 retailers across England and Wales from over 40 distribution centers.

Analyst Recommendations for Connect Group PLC (LON:CNCT)

What are top analysts saying about Connect Group PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Connect Group PLC and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit