Chime Communications plc Price Target Cut to GBX 385 (CHW)
Equities research analysts at Canaccord Genuity reduced their target price on shares of Chime Communications plc (LON:CHW) from GBX 390 ($6.45) to GBX 385 ($6.37) in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price objective suggests a potential upside of 24.70% from the company’s current price.
Chime Communications plc (LON:CHW) opened at 325.00 on Wednesday. Chime Communications plc has a 52 week low of GBX 296.00 and a 52 week 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 £315.9 million.
CHW has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Chime Communications plc in a research note on Wednesday. They now have a GBX 438 ($7.25) price target on the stock. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 374.20 ($6.19).
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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