Peel Hunt Reaffirms Buy Rating for KCOM Group (KCOM)

Peel Hunt reiterated their buy rating on shares of KCOM Group (LON:KCOM) in a research report sent to investors on Monday. Peel Hunt currently has a GBX 150 ($2.02) price target on the stock.

Several other analysts also recently issued reports on the company. FinnCap reissued a corporate rating and set a GBX 130 ($1.75) target price on shares of KCOM Group in a research note on Thursday, November 9th. Barclays decreased their target price on KCOM Group from GBX 105 ($1.41) to GBX 100 ($1.35) and set an equal weight rating on the stock in a research note on Wednesday, November 29th.

Shares of KCOM Group (LON KCOM) opened at GBX 96.50 ($1.30) on Monday. KCOM Group has a 12 month low of GBX 87 ($1.17) and a 12 month high of GBX 111.25 ($1.50).

The company also recently declared a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, December 28th will be issued a dividend of GBX 2 ($0.03) per share. This represents a yield of 2.04%. The ex-dividend date is Thursday, December 28th.

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About KCOM Group

KCOM Group PLC is engaged in providing information technology (IT) and communications services. The Company’s segments include Enterprise, Hull and East Yorkshire and National Network Services. The Enterprise segment is engaged in providing IT and integration services, including cloud-based infrastructure and contact and collaboration solutions, to the United Kingdom-based public and private sector organizations.

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