Investec Reaffirms “Buy” Rating for Chime Communications plc (CHW)
Chime Communications plc (LON:CHW)‘s stock had its “buy” rating restated by investment analysts at Investec in a note issued to investors on Wednesday. They currently have a GBX 395 ($6.54) target price on the stock. Investec’s price objective indicates a potential upside of 27.94% from the company’s current price.
Shares of Chime Communications plc (LON:CHW) traded up 8.34% during mid-day trading on Wednesday, hitting GBX 334.50. 81,516 shares of the company’s stock traded hands. Chime Communications plc has a one year low of GBX 296.00 and a one year high of GBX 377.00. The stock has a 50-day moving average of GBX 315.7 and a 200-day moving average of GBX 341.4. The company’s market cap is £325.2 million.
A number of other analysts have also recently weighed in on CHW. 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. Five analysts have rated the stock with a buy rating, Chime Communications plc 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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