STV Group Plc. Receives Buy Rating from Numis Securities Ltd (STVG)
STV Group Plc. (LON:STVG)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Friday. They currently have a GBX 483 ($8.13) target price on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 34.17% from the stock’s previous close.
STV Group Plc. (LON:STVG) traded down 1.10% during mid-day trading on Friday, hitting GBX 360.00. The stock had a trading volume of 70,094 shares. STV Group Plc. has a 52 week low of GBX 157.50 and a 52 week high of GBX 393.75. The stock has a 50-day moving average of GBX 364.3 and a 200-day moving average of GBX 354.1. The company’s market cap is £140.6 million.
Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of STV Group Plc. in a research note on Thursday, June 19th. They now have a GBX 440 ($7.40) price target on the stock.
STV Group plc is engaged in the production and broadcasting of television programmes, Internet services and the sale of advertising airtime and space in these media.
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