Johnston Press’s Sell Rating Reaffirmed at Citigroup Inc. (JPR)
Johnston Press (LON:JPR)‘s stock had its “sell” rating restated by equities researchers at Citigroup Inc. in a research report issued on Monday, Analyst Ratings Network reports. They currently have a GBX 3.30 ($0.05) price target on the stock. Citigroup Inc.’s price objective would suggest a potential downside of 85.17% from the company’s current price.
A number of other firms have also recently commented on JPR. Analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Johnston Press in a research note to investors on Monday, January 13th. They now have a GBX 9 ($0.15) price target on the stock. Separately, 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. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Johnston Press in a research note to investors on Thursday, December 19th. They now have a GBX 25 ($0.41) price target on the stock.
Johnston Press (LON:JPR) traded down 2.19% during mid-day trading on Monday, hitting GBX 22.251. 707,940 shares of the company’s stock traded hands. Johnston Press has a one year low of GBX 11.71 and a one year high of GBX 23.00. The stock has a 50-day moving average of GBX 16.94 and a 200-day moving average of GBX 15.48. The company’s market cap is £140.8 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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