KCOM Group PLC Price Target Raised to GBX 130 at FinnCap (KCOM)
Equities researchers at FinnCap boosted their price objective on shares of KCOM Group PLC (LON:KCOM) from GBX 120 ($2.01) to GBX 130 ($2.18) in a research report issued on Friday. The firm currently has a “corporate” rating on the stock. FinnCap’s price objective would suggest a potential upside of 43.09% from the stock’s previous close.
KCOM Group PLC (LON:KCOM) traded up 0.66% on Friday, hitting GBX 91.45. 477,107 shares of the company’s stock traded hands. KCOM Group PLC has a 1-year low of GBX 76.232 and a 1-year high of GBX 106.00. The stock’s 50-day moving average is GBX 93.86 and its 200-day moving average is GBX 97.89. The company’s market cap is £464.0 million.
A number of other firms have also recently commented on KCOM. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of KCOM Group PLC in a research note on Tuesday. They now have a GBX 115 ($1.93) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of KCOM Group PLC in a research note on Wednesday, April 16th. They now have a GBX 115 ($1.93) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “sell” rating on shares of KCOM Group PLC in a research note on Wednesday, April 9th. They now have a GBX 75 ($1.26) price target on the stock. Two equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. KCOM Group PLC has a consensus rating of “Hold” and a consensus price target of GBX 105.33 ($1.77).
KCOM Group PLC is a provider of communications solutions to both consumer and business markets across the United Kingdom.
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