Investec Increases UK Mail Group PLC Price Target to GBX 630 (UKM)
Stock analysts at Investec increased their price objective on shares of UK Mail Group PLC (LON:UKM) from GBX 600 ($9.61) to GBX 630 ($10.09) in a report issued on Wednesday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Investec’s price target suggests a potential upside of 12.50% from the company’s current price.
A number of other analysts have also recently weighed in on UKM. Analysts at RBC Capital reiterated an “outperform” rating on shares of UK Mail Group PLC (LON:UKM) in a research note to investors on Wednesday, August 21st. They now have a GBX 120 ($1.92) price target on the stock.
UK Mail Group PLC (LON:UKM) opened at 593.00 on Wednesday. UK Mail Group PLC has a 1-year low of GBX 242.50 and a 1-year high of GBX 645.00. The stock’s 50-day moving average is GBX 607.0 and its 200-day moving average is GBX 503.5. The company’s market cap is £324.2 million.
UK Mail Group Plc (LON:UKM) is holding company of UK Mail Limited and UK Pallets Limited.
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