Connect Group PLC (LON:CNCT)‘s stock had its ” buy” rating restated by research analysts at FinnCap in a research report issued on Tuesday.
A number of other analysts have also recently issued reports on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 180 ($2.19) price objective on shares of Connect Group PLC in a research report on Tuesday. Liberum Capital reiterated a “buy” rating and set a GBX 170 ($2.07) target price on shares of Connect Group PLC in a research note on Tuesday, July 5th. Finally, JPMorgan Chase & Co. lowered their target price on Connect Group PLC from GBX 185 ($2.25) to GBX 181 ($2.21) and set an “overweight” rating on the stock in a research note on Wednesday, July 6th. Five investment analysts have rated the stock with a buy rating, Connect Group PLC has an average rating of “Buy” and a consensus price target of GBX 186.40 ($2.27).
About Connect Group PLC
Connect Group PLC, formerly Smiths News Plc, is a United Kingdom-based distribution company. The Company’s segments include Connect News & Media: News Distribution (also referred as Smiths News); Connect News & Media: Media (Dawson Media Direct (DMD)); Connect Books (Bertrams, Dawson Books and Wordery); Connect Education and Care (The Consortium), and Connect Parcel Freight (Tuffnells).
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