Trinity Mirror plc (TNI) Price Target Raised to GBX 90 at Barclays PLC
Trinity Mirror plc (LON:TNI) had its target price raised by Barclays PLC from GBX 84 ($1.10) to GBX 90 ($1.17) in a report released on Monday. The brokerage presently has an “equal weight” rating on the stock. Barclays PLC’s price objective would indicate a potential downside of 1.37% from the stock’s current price.
Other equities research analysts also recently issued research reports about the stock. Numis Securities Ltd reissued a “buy” rating and set a GBX 210 ($2.74) price objective on shares of Trinity Mirror plc in a research report on Friday. Liberum Capital reaffirmed a “buy” rating and issued a GBX 275 ($3.59) target price on shares of Trinity Mirror plc in a report on Friday. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 230 ($3.00) target price on shares of Trinity Mirror plc in a report on Friday, July 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 186.33 ($2.43).
Trinity Mirror plc (LON:TNI) opened at 91.25 on Monday. Trinity Mirror plc has a 12-month low of GBX 73.00 and a 12-month high of GBX 183.00. The stock’s market cap is GBX 255.66 million. The stock has a 50 day moving average price of GBX 101.61 and a 200 day moving average price of GBX 107.18.
The business also recently disclosed 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. This represents a dividend yield of 2.63%. The ex-dividend date is Thursday, November 3rd.
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.
Receive News & Stock Ratings for Trinity Mirror plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinity Mirror plc and related stocks with our FREE daily email newsletter.