Trinity Mirror plc (TNI) Given “Buy” Rating at Liberum Capital
Liberum Capital restated their buy rating on shares of Trinity Mirror plc (LON:TNI) in a research report sent to investors on Friday. They currently have a GBX 275 ($3.59) price objective on the stock.
Other equities research analysts have also recently issued reports about the company. Peel Hunt reissued a buy rating and set a GBX 230 ($3.00) price target on shares of Trinity Mirror plc in a report on Friday, July 1st. Numis Securities Ltd reissued a buy rating and set a GBX 298 ($3.89) price target on shares of Trinity Mirror plc in a report on Friday, July 1st. Barclays PLC decreased their price target on Trinity Mirror plc from GBX 140 ($1.83) to GBX 85 ($1.11) and set an equal weight rating on the stock in a report on Monday, July 4th. Finally, Citigroup Inc. reissued a neutral rating and set a GBX 128 ($1.67) price target on shares of Trinity Mirror plc in a report on Thursday, June 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 186.33 ($2.43).
Trinity Mirror plc (LON:TNI) traded up 0.27% during trading on Friday, reaching GBX 91.50. The company had a trading volume of 32,671 shares. The firm’s market capitalization is GBX 256.36 million. Trinity Mirror plc has a one year low of GBX 73.00 and a one year high of GBX 183.00. The firm’s 50-day moving average price is GBX 101.61 and its 200 day moving average price is GBX 107.18.
The company also recently disclosed a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, November 3rd will be given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a dividend yield of 2.63%.
About Trinity Mirror plc
Trinity Mirror plc is a national and regional multimedia content publisher in the United Kingdom, producing and distributing content through newspapers and associated digital platforms. The Company operates through four segments: Publishing, which includes all of its newspapers and associated digital publishing; Printing, which provides printing services to the publishing segment and to third parties; Specialist Digital, which includes its digital recruitment classified business and its digital marketing services businesses, and Central, which includes revenue and costs not allocated to the operational divisions.
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