N+1 Singer Increases Rhythmone PLC (RTHM) Price Target to GBX 56
Rhythmone PLC (LON:RTHM) had its target price raised by equities research analysts at N+1 Singer from GBX 55 ($0.69) to GBX 56 ($0.70) in a report released on Sunday. The brokerage presently has a “buy” rating on the stock. N+1 Singer’s price objective indicates a potential upside of 40.00% from the company’s current price.
Separately, Numis Securities Ltd upgraded Rhythmone PLC to an “add” rating and set a GBX 42 ($0.52) price objective on the stock in a research note on Tuesday, October 11th.
Shares of Rhythmone PLC (LON:RTHM) opened at 40.00 on Friday. Rhythmone PLC has a 52-week low of GBX 15.44 and a 52-week high of GBX 40.57. The company has a 50-day moving average price of GBX 35.82 and a 200 day moving average price of GBX 30.78. The firm’s market capitalization is GBX 161.89 million.
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