Peel Hunt Reiterates Hold Rating for Connect Group (CNCT)
Separately, Numis Securities reissued an under review rating on shares of Connect Group in a research note on Thursday, June 14th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Connect Group currently has an average rating of Buy and a consensus target price of GBX 113.80 ($1.48).
Shares of CNCT opened at GBX 33.05 ($0.43) on Friday. Connect Group has a 52-week low of GBX 58.12 ($0.76) and a 52-week high of GBX 139.75 ($1.82).
About Connect Group
Connect Group PLC engages in the distribution of newspapers, magazines, and books products in the United Kingdom and internationally. The company operates through News & Media: News Distribution, News & Media: Media, and Mixed Freight segments. The News & Media: News Distribution segment distributes newspapers and magazines to 27,000 retailers from 39 distribution centers across England and Wales.
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