Johnston Press plc (JPR) Price Target Lowered to GBX 23 at Peel Hunt
Johnston Press plc (LON:JPR) had its price target cut by equities researchers at Peel Hunt from GBX 27 ($0.35) to GBX 23 ($0.30) in a note issued to investors on Wednesday. The brokerage presently has a “reduce” rating on the stock. Peel Hunt’s target price suggests a potential upside of 33.33% from the company’s previous close.
A number of other equities research analysts have also issued reports on the stock. Liberum Capital restated a “buy” rating and issued a GBX 160 ($2.09) target price on shares of Johnston Press plc in a research note on Tuesday, September 13th. Numis Securities Ltd reaffirmed an “under review” rating on shares of Johnston Press plc in a research report on Thursday, August 4th. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 200 ($2.61) price objective on shares of Johnston Press plc in a research report on Thursday, August 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 109.80 ($1.43).
Johnston Press plc (LON:JPR) opened at 16.1349 on Wednesday. The stock’s market cap is GBX 17.08 million. The company’s 50 day moving average price is GBX 12.69 and its 200-day moving average price is GBX 25.72. Johnston Press plc has a 12-month low of GBX 7.80 and a 12-month high of GBX 78.00.
Johnston Press plc Company Profile
Johnston Press plc is a United Kingdom-based local and regional multimedia organization. The Company provides news and information services to local and regional communities through its portfolio of various publications and Websites. The Company operates through two segments: Publishing (in print and online) and Contract Printing.
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