Mecom Group plc Price Target Increased to GBX 170 by Analysts at Numis Securities Ltd (MEC)
Stock analysts at Numis Securities Ltd boosted their price target on shares of Mecom Group plc (LON:MEC) from GBX 155 ($2.60) to GBX 170 ($2.86) in a report issued on Thursday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 33.44% from the stock’s previous close.
Shares of Mecom Group plc (LON:MEC) opened at 132.25 on Thursday. Mecom Group plc has a 52-week low of GBX 27.00 and a 52-week high of GBX 139.12. The stock has a 50-day moving average of GBX 126.8 and a 200-day moving average of GBX 97.22. The company’s market cap is £160.3 million.
Separately, analysts at Canaccord Genuity raised their price target on shares of Mecom Group plc from GBX 150 ($2.52) to GBX 158 ($2.65) in a research note on Tuesday, March 18th. They now have a “buy” rating on the stock.
Mecom Group plc (LON:MEC) is engaged in the operation of content and consumer businesses in Europe.
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