KCOM Group’s (KCOM) Buy Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of KCOM Group (LON:KCOM) in a research report released on Wednesday. They currently have a GBX 150 ($2.01) price objective on the stock.

Other equities analysts have also issued reports about the company. FinnCap decreased their price objective on KCOM Group from GBX 130 ($1.74) to GBX 120 ($1.60) and set a corporate rating for the company in a research report on Tuesday, November 28th. Barclays decreased their price objective on KCOM Group from GBX 105 ($1.40) to GBX 100 ($1.34) and set an equal weight rating for the company in a research report on Wednesday, November 29th.

KCOM Group (LON KCOM) opened at GBX 90 ($1.20) on Wednesday. KCOM Group has a 12-month low of GBX 87 ($1.16) and a 12-month high of GBX 111.25 ($1.49). The stock has a market capitalization of $464.94 and a P/E ratio of 1,800.00.

The firm also recently disclosed a dividend, which will be paid on Friday, February 9th. Investors of record on Thursday, December 28th will be given a GBX 2 ($0.03) dividend. The ex-dividend date is Thursday, December 28th. This represents a dividend yield of 2.04%.

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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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