Equities research analysts at Liberum Capital initiated coverage on shares of Park Group (LON:PARK) in a research report issued on Wednesday, Digital Look reports. The firm set a “buy” rating and a GBX 80 ($1.05) price target on the stock. Liberum Capital’s price target would indicate a potential upside of 17.22% from the company’s previous close.
Shares of PARK traded down GBX 0.25 ($0.00) during midday trading on Wednesday, reaching GBX 68.25 ($0.89). 191,736 shares of the stock were exchanged. Park Group has a 12-month low of GBX 63 ($0.82) and a 12-month high of GBX 82.50 ($1.08). The company has a market capitalization of $126.72 million and a PE ratio of 11.77.
About Park Group
Park Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. The company is involved in Christmas savings business, which offers vouchers, prepaid cards, gifts, and hampers in time for Christmas; and Love2shop Business Services that provides reward solutions, including multi-retailer vouchers and prepaid cards, single store vouchers and cards, gift experiences, holidays, and travel solutions.
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