Connect Group’s (CNCT) Hold Rating Reaffirmed at Peel Hunt
Separately, Berenberg Bank lowered their price target on Connect Group from GBX 40 ($0.52) to GBX 35 ($0.46) and set a hold rating on the stock in a research report on Friday, September 14th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Connect Group has an average rating of Buy and an average target price of GBX 80.25 ($1.05).
CNCT opened at GBX 36 ($0.47) on Tuesday. Connect Group has a 52-week low of GBX 58.12 ($0.76) and a 52-week high of GBX 139.75 ($1.83).
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.
Recommended Story: The Discount Rate – What You Need to Know
Receive News & Ratings for Connect Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Connect Group and related companies with MarketBeat.com's FREE daily email newsletter.