Johnston Press’s Sell Rating Reaffirmed at Numis Securities Ltd (JPR)
Johnston Press (LON:JPR)‘s stock had its “sell” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Monday, Analyst Ratings Network reports. They currently have a GBX 9 ($0.15) price target on the stock. Numis Securities Ltd’s target price would indicate a potential downside of 55.91% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Johnston Press in a research note to investors on Monday, January 6th. They now have a GBX 25 ($0.41) price target on the stock.
Johnston Press (LON:JPR) traded up 18.83% during mid-day trading on Monday, hitting GBX 21.24. The stock had a trading volume of 1,394,501 shares. Johnston Press has a 52-week low of GBX 11.31 and a 52-week high of GBX 21.30. The stock has a 50-day moving average of GBX 15.11 and a 200-day moving average of GBX 15.12. The company’s market cap is £134.4 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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