Redcentric (RCN) Price Target Raised to GBX 125 at FinnCap

Redcentric (LON:RCN) had its price target hoisted by equities research analysts at FinnCap from GBX 117 ($1.56) to GBX 125 ($1.67) in a research note issued on Wednesday, November 29th. The firm currently has a “corporate” rating on the stock. FinnCap’s price objective indicates a potential upside of 37.36% from the stock’s current price.

Separately, Numis Securities reissued a “hold” rating and set a GBX 87 ($1.16) price target on shares of Redcentric in a report on Thursday, October 5th.

Redcentric (LON:RCN) opened at GBX 91 ($1.22) on Wednesday. Redcentric has a 1-year low of GBX 67.25 ($0.90) and a 1-year high of GBX 100 ($1.34).

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About Redcentric

Redcentric plc is a holding company. The Company is engaged in supply of information technology (IT) managed services. The Company’s segments include Recurring, Services, Product and Central. The Company’s Recurring segment is engaged in the provision of its services to customers under long-term agreements, including data, connectivity, hosting, cloud, and support services.

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