KCOM Group PLC Receives “Overweight” Rating from Barclays (KCOM)
KCOM Group PLC (LON:KCOM)‘s stock had its “overweight” rating reaffirmed by investment analysts at Barclays in a note issued to investors on Friday. They currently have a GBX 115 ($1.93) target price on the stock. Barclays’ price objective indicates a potential upside of 26.58% from the stock’s previous close.
A number of other analysts have also recently weighed in on KCOM. Analysts at Espirito Santo Investment Bank Research upgraded shares of KCOM Group PLC to a “buy” rating in a research note on Friday. They now have a GBX 110 ($1.84) price target on the stock, up previously from GBX 100 ($1.68). Separately, analysts at FinnCap raised their price target on shares of KCOM Group PLC from GBX 120 ($2.01) to GBX 130 ($2.18) in a research note on Friday. They now have a “corporate” rating on the stock. Finally, 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. Two investment analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. KCOM Group PLC presently has a consensus rating of “Hold” and an average target price of GBX 105.33 ($1.77).
Shares of KCOM Group PLC (LON:KCOM) opened at 93.45 on Friday. KCOM Group PLC has a one year low of GBX 76.232 and a one 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 £474.2 million.
KCOM Group PLC is a provider of communications solutions to both consumer and business markets across the United Kingdom.
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