Promethean Plc Stock Rating Reaffirmed by JPMorgan Chase & Co. (PRW)
Promethean Plc (LON:PRW)‘s stock had its “neutral” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Friday, American Banking & Market News reports. They currently have a GBX 21 ($0.34) price target on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 10.67% from the company’s current price.
A number of other firms have also recently commented on PRW. Analysts at Investec reiterated a “buy” rating on shares of Promethean Plc in a research note to investors on Thursday. They now have a GBX 25 ($0.40) price target on the stock.
Promethean Plc (LON:PRW) traded up 10.80% on Friday, hitting GBX 18.975. 76,385 shares of the company’s stock traded hands. Promethean Plc has a 52-week low of GBX 12.00 and a 52-week high of GBX 25.60. The stock has a 50-day moving average of GBX 17. and a 200-day moving average of GBX 16.31. The company’s market cap is £37.8 million.
Promethean World Plc (LON:PRW) and its subsidiary undertakings are engaged in the supply of education technology solutions, including the design, manufacture and supply of electronic equipment, interactive whiteboards, interactive assessment technologies and a range of complementary audio-visual equipment and educational software.
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