KCOM Group PLC Upgraded to “Buy” at Espirito Santo Investment Bank Research (KCOM)
KCOM Group PLC (LON:KCOM) was upgraded by equities research analysts at Espirito Santo Investment Bank Research to a “buy” rating in a research note issued to investors on Friday. The firm currently has a GBX 110 ($1.84) target price on the stock, up from their previous target price of GBX 100 ($1.68). Espirito Santo Investment Bank Research’s target price indicates a potential upside of 21.08% from the stock’s previous close.
KCOM has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, 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. Two analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 105.33 ($1.77).
KCOM Group PLC (LON:KCOM) traded up 0.99% on Friday, hitting GBX 91.75. The stock had a trading volume of 476,952 shares. 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 £465.5 million.
KCOM Group PLC is a provider of communications solutions to both consumer and business markets across the United Kingdom.
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