Chime Communications plc Lifted to Buy at Peel Hunt (CHW)
Chime Communications plc (LON:CHW) was upgraded by equities researchers at Peel Hunt to a “buy” rating in a research report issued on Wednesday. The firm currently has a GBX 370 ($6.12) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 19.84% from the company’s current price.
Chime Communications plc (LON:CHW) traded up 9.15% during mid-day trading on Wednesday, hitting GBX 337.00. The stock had a trading volume of 76,367 shares. Chime Communications plc has a one year low of GBX 296.00 and a one year high of GBX 377.00. The stock’s 50-day moving average is GBX 316.1 and its 200-day moving average is GBX 341.4. The company’s market cap is £327.6 million.
CHW has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Chime Communications plc from GBX 390 ($6.45) to GBX 385 ($6.37) in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Chime Communications plc in a research note on Wednesday. They now have a GBX 328 ($5.43) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Chime Communications plc in a research note on Wednesday. They now have a GBX 395 ($6.54) price target on the stock. Five investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of GBX 383.20 ($6.34).
Chime Communications PLC is an international communications and sports marketing group, including CSM Sports & Entertainment, the VCCP Partnership in advertising, the Good Relations Group in public relations, Open Health in healthcare communications, Teamspirit a specialist in financial and professional services and CIE a insight and engagement agency.
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