Record Plc Price Target Cut to GBX 38 by Analysts at JPMorgan Chase & Co. (REC)
Equities research analysts at JPMorgan Chase & Co. decreased their target price on shares of Record Plc (LON:REC) from GBX 40 ($0.67) to GBX 38 ($0.64) in a research note issued to investors on Thursday, AnalystRatings.NET reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 15.15% from the stock’s previous close.
Shares of Record Plc (LON:REC) opened at 33.00 on Thursday. Record Plc has a 52 week low of GBX 28.00 and a 52 week high of GBX 46.25. The stock has a 50-day moving average of GBX 38.94 and a 200-day moving average of GBX 36.25. The company’s market cap is £71.9 million.
Record Plc is a United Kingdom-based company. The Company is engaged in the provision of currency management services, providing both currency hedging and currency for return mandates to institutional clients.
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