UK Mail Group PLC Coverage Initiated by Analysts at Cantor Fitzgerald Europe (UKM)
Equities research analysts at Cantor Fitzgerald Europe started coverage on shares of UK Mail Group PLC (LON:UKM) in a research note issued to investors on Wednesday. The firm set a “buy” rating and a GBX 700 ($11.98) price target on the stock. Cantor Fitzgerald Europe‘s price objective indicates a potential upside of 16.96% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Investec reiterated a “buy” rating on shares of UK Mail Group PLC in a research note on Wednesday, July 9th. They now have a GBX 700 ($11.98) price target on the stock.
UK Mail Group PLC (LON:UKM) traded up 1.10% during mid-day trading on Wednesday, hitting GBX 599.00. 2,943 shares of the company’s stock traded hands. UK Mail Group PLC has a 52 week low of GBX 530.00 and a 52 week high of GBX 715.00. The stock’s 50-day moving average is GBX 607.0 and its 200-day moving average is GBX 632.. The company’s market cap is £327.8 million.
UK Mail Group Plc (LON:UKM) is holding company of UK Mail Limited and UK Pallets Limited.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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