Separately, Barclays raised their price objective on shares of Reach from GBX 60 ($0.78) to GBX 65 ($0.85) and gave the company an equal weight rating in a research report on Wednesday, February 27th.
RCH opened at GBX 62.30 ($0.81) on Wednesday.
In other news, insider Simon Fox sold 94,352 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of GBX 60 ($0.78), for a total transaction of £56,611.20 ($73,972.56).
Reach plc produces and distributes content through newspapers and associated digital platforms in the United Kingdom, the Republic of Ireland, Continental Europe, and internationally. The company operates through four segments: Publishing, Printing, Specialist Digital, and Central. The Publishing segment offers content through paid-for and free newspapers and related multi-platform digital sites; holds events and exhibitions related to publishing activities; provides contract publishing for football clubs and other sport-related organizations; and offers marketing solutions and commercial partnerships.
Featured Article: P/E Growth (PEG)
Receive News & Ratings for Reach Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reach and related companies with MarketBeat.com's FREE daily email newsletter.