KCOM Group PLC’s (LON:KCOM) Buy Rating Reiterated at Peel Hunt
KCOM Group PLC (LON:KCOM)‘s stock had its “buy” rating restated by Peel Hunt in a research report issued on Friday. They currently have a GBX 150 ($1.91) price target on the stock. Peel Hunt’s target price points to a potential upside of 68.54% from the stock’s current price.
Other analysts also recently issued research reports about the stock. FinnCap reaffirmed a “corporate” rating and issued a GBX 130 ($1.65) price target on shares of KCOM Group PLC in a report on Tuesday, June 6th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 105 ($1.34) price target on shares of KCOM Group PLC in a report on Thursday, June 8th.
KCOM Group PLC (LON:KCOM) traded down 1.11% during mid-day trading on Friday, reaching GBX 89.00. 261,722 shares of the company’s stock were exchanged. KCOM Group PLC has a 1-year low of GBX 87.00 and a 1-year high of GBX 121.00. The firm’s 50-day moving average is GBX 91.59 and its 200 day moving average is GBX 90.52. The stock’s market capitalization is GBX 454.54 million.
The company also recently disclosed a dividend, which will be paid on Tuesday, August 1st. Stockholders of record on Thursday, June 22nd will be given a GBX 4 ($0.05) dividend. This represents a dividend yield of 4.44%. The ex-dividend date is Thursday, June 22nd. This is a positive change from KCOM Group PLC’s previous dividend of $2.00.
About KCOM Group PLC
KCOM Group PLC is engaged in providing information technology and communications services. The Company’s segments include Hull and East Yorkshire, SMB National, Enterprise and Shared. The Hull and East Yorkshire segment is engaged in providing communication services for consumers and small local businesses within Hull and East Yorkshire.
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