Trinity Mirror plc (TNI) Given “Buy” Rating at Numis Securities Ltd
Numis Securities Ltd reiterated their buy rating on shares of Trinity Mirror plc (LON:TNI) in a research note released on Friday morning. The brokerage currently has a GBX 210 ($2.74) price objective on the stock.
Other research analysts also recently issued reports about the stock. Peel Hunt restated a buy rating and issued a GBX 230 ($3.00) target price on shares of Trinity Mirror plc in a research note on Friday, July 1st. Barclays PLC restated an equal weight rating and issued a GBX 84 ($1.10) target price on shares of Trinity Mirror plc in a research note on Wednesday, August 31st. Finally, Citigroup Inc. restated a neutral rating and issued a GBX 128 ($1.67) target price on shares of Trinity Mirror plc in a research note on Thursday, June 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 186.33 ($2.43).
Trinity Mirror plc (LON:TNI) traded up 0.27% during mid-day trading on Friday, hitting GBX 91.50. 32,671 shares of the stock traded hands. The company’s market cap is GBX 256.36 million. Trinity Mirror plc has a 12-month low of GBX 73.00 and a 12-month high of GBX 183.00. The firm’s 50-day moving average is GBX 101.61 and its 200-day moving average is GBX 107.18.
The firm also recently announced a dividend, which will be paid on Friday, November 25th. Shareholders of record on Thursday, November 3rd will be issued a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date 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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