Connect Group PLC’s Buy Rating Reaffirmed at Liberum Capital (CNCT)
Connect Group PLC (LON:CNCT)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Thursday. They currently have a GBX 200 ($3.31) target price on the stock. Liberum Capital’s target price indicates a potential upside of 30.72% from the stock’s previous close.
CNCT has been the subject of a number of other recent research reports. 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. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Connect Group PLC in a research note on Thursday. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Connect Group PLC to a “neutral” rating in a research note on Wednesday, July 9th. They now have a GBX 183 ($3.03) price target on the stock, down previously from GBX 221 ($3.66).
Shares of Connect Group PLC (LON:CNCT) opened at 156.375 on Thursday. Connect Group PLC has a one year low of GBX 137.50 and a one 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.
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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