Johnston Press’s Buy Rating Reaffirmed at Panmure Gordon (JPR)
Johnston Press (LON:JPR)‘s stock had its “buy” rating restated by research analysts at Panmure Gordon in a report released on Monday, Stock Ratings Network.com reports. They currently have a GBX 25 ($0.41) price objective on the stock. Panmure Gordon’s price target would indicate a potential upside of 61.29% from the stock’s previous close.
Johnston Press (LON:JPR) traded down 3.12% on Monday, hitting GBX 15.50. 98,424 shares of the company’s stock traded hands. Johnston Press has a 1-year low of GBX 11.31 and a 1-year high of GBX 19.50. The stock’s 50-day moving average is GBX 14.54 and its 200-day moving average is GBX 15.06. The company’s market cap is £98.1 million.
Johnston Press plc is engaged in the publishing of local and regional weekly, evening and morning newspapers, both paid-for and free, together with associated Websites, and specialist publications in print, online or via mobile technologies.
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