Shore Capital Reiterates “Buy” Rating for Centaur Media Plc (CAU)
Centaur Media Plc (LON:CAU)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital in a report released on Thursday.
A number of other research firms have also weighed in on CAU. Investec cut their target price on shares of Centaur Media Plc from GBX 80 ($1.04) to GBX 60 ($0.78) and set a “buy” rating for the company in a report on Monday, August 1st. Numis Securities Ltd reissued a “buy” rating and issued a GBX 70 ($0.91) target price on shares of Centaur Media Plc in a report on Friday, July 29th. N+1 Singer reissued a “buy” rating on shares of Centaur Media Plc in a report on Wednesday. Finally, Peel Hunt raised their target price on shares of Centaur Media Plc from GBX 40 ($0.52) to GBX 45 ($0.59) and gave the company a “hold” rating in a report on Wednesday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 62.38 ($0.81).
Centaur Media Plc (LON:CAU) opened at 44.00 on Thursday. The firm has a 50-day moving average of GBX 41.44 and a 200 day moving average of GBX 46.37. Centaur Media Plc has a one year low of GBX 32.88 and a one year high of GBX 81.00. The company’s market capitalization is GBX 63.05 million.
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The company also recently disclosed a dividend, which will be paid on Thursday, October 6th. Shareholders of record on Thursday, September 15th will be paid a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 4.35%. The ex-dividend date of this dividend is Thursday, September 15th.
In other news, insider Mukerji,Swagatam acquired 10,000 shares of the company’s stock in a transaction on Tuesday, August 16th. The stock was bought at an average cost of GBX 40 ($0.52) per share, with a total value of £4,000 ($5,221.25).
Centaur Media Plc Company Profile
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.
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