Record Plc Given New GBX 45 Price Target at JPMorgan Chase & Co. (REC)
Equities researchers at JPMorgan Chase & Co. hoisted their price target on shares of Record Plc (LON:REC) from GBX 40 ($0.65) to GBX 45 ($0.73) in a research report issued on Monday, American Banking & Market News reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 30.62% from the stock’s previous close.
Record Plc (LON:REC) traded up 0.95% during mid-day trading on Monday, hitting GBX 34.45. The stock had a trading volume of 10,074 shares. Record Plc has a one year low of GBX 25.00 and a one year high of GBX 39.80. The stock’s 50-day moving average is GBX 33.8 and its 200-day moving average is GBX 34.21. The company’s market cap is £75.0 million.
Record Plc is a United Kingdom-based company. The Company is engaged in the provision of currency management services, providing both currency hedging and currency for return mandates to institutional clients.
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