Connect Group PLC Rating Reiterated by Peel Hunt (CNCT)
Connect Group PLC (LON:CNCT)‘s stock had its “hold” rating reiterated by analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They currently have a GBX 192 ($3.18) target price on the stock. Peel Hunt’s price objective points to a potential upside of 25.49% from the company’s current price.
Connect Group PLC (LON:CNCT) opened at 155.50 on Thursday. Connect Group PLC has a 1-year low of GBX 137.50 and a 1-year high of GBX 247.75. The stock has a 50-day moving average of GBX 152.3 and a 200-day moving average of GBX 174.4.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Connect Group PLC in a research note on Thursday. They now have a GBX 200 ($3.31) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Connect Group PLC in a research note on Thursday. They now have a GBX 184 ($3.04) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Connect Group PLC in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 189.75 ($3.14).
Connect Group PLC, formerly Smiths News PLC, is a specialist distribution company. The Company operates in three divisions: News and Media, Books, and Education and Care.
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