Connect Group PLC (CNCT) Given “Buy” Rating at FinnCap
Connect Group PLC (LON:CNCT)‘s stock had its “buy” rating reaffirmed by investment analysts at FinnCap in a research report issued to clients and investors on Tuesday.
Several other equities analysts have also recently issued reports on CNCT. Peel Hunt reiterated a “buy” rating and set a GBX 180 ($2.19) price target on shares of Connect Group PLC in a research report on Tuesday. Liberum Capital restated a “buy” rating and issued a GBX 170 ($2.07) price objective on shares of Connect Group PLC in a report on Thursday, September 15th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Connect Group PLC from GBX 185 ($2.25) to GBX 181 ($2.21) and set an “overweight” rating on the stock in a report on Wednesday, July 6th. Five analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of GBX 186.40 ($2.27).
Connect Group PLC (LON:CNCT) remained flat at GBX 141.00 during trading on Tuesday. The company had a trading volume of 322,519 shares. Connect Group PLC has a 12 month low of GBX 129.75 and a 12 month high of GBX 175.00. The firm’s market capitalization is GBX 342.07 million. The stock’s 50 day moving average is GBX 158.18 and its 200 day moving average is GBX 156.32.
About Connect Group PLC
Connect Group PLC, formerly Smiths News Plc, is a United Kingdom-based distribution company. The Company’s segments include Connect News & Media: News Distribution (also referred as Smiths News); Connect News & Media: Media (Dawson Media Direct (DMD)); Connect Books (Bertrams, Dawson Books and Wordery); Connect Education and Care (The Consortium), and Connect Parcel Freight (Tuffnells).
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