Numis Securities Ltd Reiterates “Buy” Rating for Trinity Mirror plc (TNI)
Trinity Mirror plc (LON:TNI)‘s stock had its “buy” rating reaffirmed by analysts at Numis Securities Ltd in a report issued on Monday. They currently have a GBX 210 ($2.79) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 152.25% from the stock’s previous close.
A number of other equities analysts have also recently commented on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 190 ($2.52) target price on shares of Trinity Mirror plc in a research report on Friday, September 8th. Barclays PLC reiterated an “equal weight” rating on shares of Trinity Mirror plc in a research report on Tuesday, August 1st.
Shares of Trinity Mirror plc (LON:TNI) opened at 83.75 on Monday. Trinity Mirror plc has a 52 week low of GBX 74.61 and a 52 week high of GBX 124.00. The company has a 50 day moving average of GBX 90.32 and a 200 day moving average of GBX 101.19. The company’s market cap is GBX 230.06 million.
About Trinity Mirror plc
Trinity Mirror plc is a national and regional news publisher. The Company is engaged in producing and distributing content through newspapers and associated digital platforms. It operates through four segments: Publishing, which includes all of its newspapers and associated digital publishing; Printing, which provides printing services to the publishing segment and to third parties; Specialist Digital, which includes its digital recruitment classified business and its digital marketing services businesses, and Central, which includes revenue and costs not allocated to the operational divisions.
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