Centralnic Group PLC (CNIC) Price Target Raised to GBX 73 at Peel Hunt
Centralnic Group PLC (LON:CNIC) had its target price raised by investment analysts at Peel Hunt from GBX 62 ($0.80) to GBX 73 ($0.94) in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price objective would indicate a potential upside of 7.35% from the company’s previous close.
Centralnic Group PLC (CNIC) remained flat at GBX 68.00 during mid-day trading on Thursday. The company’s stock had a trading volume of 8,025 shares. The firm’s market cap is GBX 65.21 million. Centralnic Group PLC has a 12-month low of GBX 39.00 and a 12-month high of GBX 69.40. The firm has a 50-day moving average of GBX 63.47 and a 200 day moving average of GBX 52.66.
Centralnic Group PLC (LON:CNIC) last announced its quarterly earnings results on Tuesday, September 5th. The company reported ($0.01) EPS for the quarter. Centralnic Group PLC had a net margin of 17.13% and a return on equity of 18.98%. Equities research analysts expect that Centralnic Group PLC will post $3.80 EPS for the current year.
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About Centralnic Group PLC
CentralNic Group plc (CentralNic) is a holding company. The Company is engaged in the provision of independent global domain name registry services. The Company provides registry services and strategic consultancy, and it is the owner and registrant for a portfolio of domain names, which it uses as Second Level Domain extensions (SLD) for domains.
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