Peel Hunt Reiterates “Reduce” Rating for Johnston Press plc (JPR)
Johnston Press plc (LON:JPR)‘s stock had its “reduce” rating reissued by investment analysts at Peel Hunt in a research note issued on Monday. They presently have a GBX 23 ($0.29) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 55.93% from the company’s current price.
Other analysts also recently issued reports about the stock. Panmure Gordon restated a “buy” rating and set a GBX 200 ($2.50) price objective on shares of Johnston Press plc in a research report on Thursday, August 4th. Numis Securities Ltd restated an “under review” rating on shares of Johnston Press plc in a research report on Thursday, August 4th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 180 ($2.25) price target on shares of Johnston Press plc in a report on Thursday, August 4th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 73.50 ($0.92).
Johnston Press plc (LON:JPR) opened at 14.75 on Monday. The stock’s 50 day moving average is GBX 14.89 and its 200 day moving average is GBX 19.84. The company’s market capitalization is GBX 15.62 million. Johnston Press plc has a 52 week low of GBX 7.80 and a 52 week high of GBX 61.65.
About Johnston Press plc
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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