FinnCap reiterated their buy rating on shares of Connect Group PLC (LON:CNCT) in a research report report published on Tuesday. The firm currently has a GBX 154 ($2.07) target price on the stock.

Several other research analysts have also recently issued reports on CNCT. Peel Hunt reaffirmed an add rating and issued a GBX 135 ($1.82) price target on shares of Connect Group PLC in a report on Monday, July 24th. Shore Capital raised Connect Group PLC to a buy rating in a report on Thursday, July 20th. J P Morgan Chase & Co dropped their price target on Connect Group PLC from GBX 152 ($2.04) to GBX 144 ($1.94) and set an overweight rating on the stock in a report on Tuesday, July 25th. Finally, Liberum Capital reaffirmed a buy rating and issued a GBX 170 ($2.29) price target on shares of Connect Group PLC in a report on Monday, June 26th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 157.60 ($2.12).

Shares of Connect Group PLC (CNCT) opened at 101.00 on Tuesday. The firm’s market cap is GBX 247.45 million. The firm’s 50-day moving average price is GBX 104.48 and its 200-day moving average price is GBX 119.45. Connect Group PLC has a one year low of GBX 88.00 and a one year high of GBX 163.25.

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In other news, insider Mark Cashmore acquired 108,000 shares of the stock in a transaction on Friday, July 7th. The shares were purchased at an average cost of GBX 110 ($1.48) per share, for a total transaction of £118,800 ($159,763.31).

Connect Group PLC Company Profile

Connect Group PLC is a United Kingdom-based distribution company. The Company’s segments include Connect News & Media: News Distribution (Smiths News); Connect News & Media: Media (DMD); Connect Parcel Freight (Tuffnells); and Connect Books (Bertrams, Dawson Books and Wordery). Smiths News segment distributes newspapers and magazines to approximately 30,000 retailers across England and Wales from over 40 distribution centers.

Analyst Recommendations for Connect Group PLC (LON:CNCT)

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