Citigroup Reiterates “Neutral” Rating for Trinity Mirror (TNI)
Trinity Mirror (LON:TNI)‘s stock had its “neutral” rating reiterated by Citigroup in a note issued to investors on Monday. They presently have a GBX 77 ($1.04) price objective on the stock. Citigroup’s target price would suggest a potential upside of 6.57% from the company’s previous close.
Several other brokerages have also issued reports on TNI. Peel Hunt reiterated a “buy” rating and issued a GBX 190 ($2.56) price objective on shares of Trinity Mirror in a research report on Friday, September 8th. Numis Securities reiterated a “buy” rating and issued a GBX 210 ($2.83) price objective on shares of Trinity Mirror in a research report on Monday, October 9th.
Trinity Mirror (LON TNI) opened at GBX 72.25 ($0.97) on Monday. Trinity Mirror has a 12-month low of GBX 67 ($0.90) and a 12-month high of GBX 124 ($1.67).
Trinity Mirror plc is a national and regional news publisher. The Company is engaged in producing and distributing content through newspapers and associated digital platforms. It operates through four segments: Publishing, which includes all of its newspapers and associated digital publishing; Printing, which provides printing services to the publishing segment and to third parties; Specialist Digital, which includes its digital recruitment classified business and its digital marketing services businesses, and Central, which includes revenue and costs not allocated to the operational divisions.
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