Photo-Me International (PHTM) Price Target Raised to GBX 214
Photo-Me International (LON:PHTM) had its target price upped by stock analysts at Canaccord Genuity from GBX 202 ($2.72) to GBX 214 ($2.88) in a research note issued on Monday. The firm presently has a “buy” rating on the stock. Canaccord Genuity’s price objective indicates a potential upside of 20.73% from the company’s previous close.
PHTM has been the topic of several other research reports. Kepler Capital Markets initiated coverage on shares of Photo-Me International in a research report on Wednesday, September 6th. They issued a “buy” rating and a GBX 190 ($2.56) price objective on the stock. FinnCap reissued a “corporate” rating and issued a GBX 215 ($2.89) price target on shares of Photo-Me International in a research report on Monday, October 16th. Finally, N+1 Singer reissued a “buy” rating on shares of Photo-Me International in a research report on Monday.
Shares of Photo-Me International (LON:PHTM) traded down GBX 9.29 ($0.13) during mid-day trading on Monday, reaching GBX 177.25 ($2.39). 389,016 shares of the company’s stock traded hands, compared to its average volume of 168,969. Photo-Me International has a twelve month low of GBX 137 ($1.84) and a twelve month high of GBX 189.25 ($2.55).
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Photo-Me International plc is engaged in the operation of sale and servicing of a range of instant-service equipment. The Company operates coin-operated automatic photobooths for identification and fun purposes, and a range of vending equipment, including digital photo kiosks, amusement machines, business service equipment and laundry machines.
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