Redcentric (RCN) Receives “Hold” Rating from Numis Securities

Numis Securities reaffirmed their hold rating on shares of Redcentric (LON:RCN) in a report published on Wednesday. The firm currently has a GBX 87 ($1.17) price target on the stock.

Separately, FinnCap increased their price target on shares of Redcentric from GBX 117 ($1.57) to GBX 125 ($1.67) and gave the stock a corporate rating in a report on Wednesday.

Redcentric (LON RCN) opened at GBX 87 ($1.17) on Wednesday. Redcentric has a fifty-two week low of GBX 67.25 ($0.90) and a fifty-two week high of GBX 100 ($1.34).

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Redcentric Company Profile

Redcentric plc is a holding company. The Company is engaged in supply of information technology (IT) managed services. The Company’s segments include Recurring, Services, Product and Central. The Company’s Recurring segment is engaged in the provision of its services to customers under long-term agreements, including data, connectivity, hosting, cloud, and support services.

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