Connect Group PLC (LON:CNCT) insider Jonathan Bunting sold 45,972 shares of the business’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of GBX 117 ($1.59), for a total value of £53,787.24 ($72,941.74).

Connect Group PLC (CNCT) opened at GBX 110 ($1.49) on Friday. The stock has a market capitalization of $272.43 and a PE ratio of 1,000.00. Connect Group PLC has a fifty-two week low of GBX 88 ($1.19) and a fifty-two week high of GBX 159.74 ($2.17).

The business also recently disclosed a dividend, which will be paid on Friday, February 9th. Stockholders of record on Thursday, January 11th will be issued a GBX 6.70 ($0.09) dividend. This represents a dividend yield of 6.09%. The ex-dividend date of this dividend is Thursday, January 11th. This is a boost from Connect Group’s previous dividend of $3.10.

CNCT has been the topic of several research analyst reports. Peel Hunt reiterated an “add” rating and set a GBX 135 ($1.83) price target on shares of Connect Group in a research note on Monday. FinnCap reiterated a “buy” rating and set a GBX 154 ($2.09) price target on shares of Connect Group in a research note on Thursday, October 26th. Shore Capital reiterated a “buy” rating on shares of Connect Group in a research note on Thursday, October 26th. Finally, JPMorgan Chase & Co. boosted their price target on Connect Group from GBX 144 ($1.95) to GBX 145 ($1.97) and gave the company an “overweight” rating in a research note on Friday, October 27th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 157.80 ($2.14).

COPYRIGHT VIOLATION NOTICE: “Jonathan Bunting Sells 45,972 Shares of Connect Group PLC (CNCT) Stock” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.thecerbatgem.com/2018/01/12/jonathan-bunting-sells-45972-shares-of-connect-group-plc-cnct-stock.html.

Connect Group 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.

Insider Buying and Selling by Quarter for Connect Group (LON:CNCT)

Receive News & Ratings for Connect Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Connect Group and related companies with MarketBeat.com's FREE daily email newsletter.