Trinity Minor Plc Rating Reiterated by Citigroup Inc. (TNI)
Trinity Minor Plc (LON:TNI)‘s stock had its “sell” rating reaffirmed by analysts at Citigroup Inc. in a research report issued to clients and investors on Monday, American Banking News.com reports. They currently have a GBX 50 ($0.82) price objective on the stock. Citigroup Inc.’s price target points to a potential downside of 72.68% from the stock’s previous close.
Shares of Trinity Minor Plc (LON:TNI) traded down 3.68% during mid-day trading on Monday, hitting GBX 183.00. 243,559 shares of the company’s stock traded hands. Trinity Minor Plc has a 1-year low of GBX 81.50 and a 1-year high of GBX 218.00. The stock’s 50-day moving average is GBX 198. and its 200-day moving average is GBX 148.. The company’s market cap is £453.7 million.
TNI has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd raised their price target on shares of Trinity Minor Plc from GBX 170 ($2.80) to GBX 265 ($4.37) in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Trinity Minor Plc in a research note to investors on Friday, January 10th. They now have a GBX 260 ($4.28) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Trinity Minor Plc in a research note to investors on Thursday, December 12th. They now have a GBX 205 ($3.38) price target on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 185 ($3.05).
Trinity Mirror plc is engaged in the publication and printing of newspapers and a portfolio of online businesses, primarily in the United Kingdom.
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