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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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