Centaur Media Plc (CAU) Price Target Increased to GBX 45 by Analysts at Peel Hunt
Centaur Media Plc (LON:CAU) had its price objective raised by research analysts at Peel Hunt from GBX 40 ($0.52) to GBX 45 ($0.59) in a report issued on Wednesday. The firm currently has a “hold” rating on the stock.
A number of other research firms have also commented on CAU. Shore Capital restated a “buy” rating on shares of Centaur Media Plc in a research note on Tuesday, July 19th. Numis Securities Ltd restated a “buy” rating and issued a GBX 70 ($0.91) price objective on shares of Centaur Media Plc in a research note on Friday, July 29th. Finally, Investec dropped their price objective on shares of Centaur Media Plc from GBX 80 ($1.04) to GBX 60 ($0.78) and set a “buy” rating on the stock in a research note on Monday, August 1st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Centaur Media Plc has a consensus rating of “Buy” and a consensus target price of GBX 62.38 ($0.81).
Shares of Centaur Media Plc (LON:CAU) traded up 0.56% on Wednesday, reaching GBX 45.00. 90,070 shares of the company were exchanged. The stock has a 50 day moving average of GBX 41.44 and a 200-day moving average of GBX 46.37. The company’s market capitalization is GBX 64.49 million. Centaur Media Plc has a 52-week low of GBX 32.88 and a 52-week high of GBX 81.00.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/centaur-media-plc-cau-price-target-increased-to-gbx-45-by-analysts-at-peel-hunt.html
The company also recently declared a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Thursday, September 15th will be paid a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date is Thursday, September 15th. This represents a dividend yield of 4.35%.
In other news, insider Mukerji,Swagatam purchased 10,000 shares of the company’s stock in a transaction dated Friday, July 29th. The shares were acquired at an average cost of GBX 35 ($0.46) per share, for a total transaction of £3,500 ($4,568.59).
About Centaur Media Plc
Centaur Media Plc is a holding company. The Company is engaged in the provision of business information, events and marketing solutions to professional and commercial markets. It operates through four segments: Marketing, Financial Services, Home Interest and Professional. The Marketing segment includes all of the Company’s brands that serve the Marketing and Creative professions, including Econsultancy, Marketing Week, Festival of Marketing.
Receive News & Ratings for Centaur Media Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centaur Media Plc and related companies with MarketBeat.com's FREE daily email newsletter.