Connect Group PLC (LON:CNCT) target price held steady at 185.00GBX, reported today by Berenberg
- Updated: February 12, 2017
Yesterday Connect Group PLC (LON:CNCT) traded 0.18% higher at 139.75GBX. The company’s 50-day moving average is 147.49GBX and its 200-day moving average is 149.83GBX. The last stock close price is down -8.53% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 196,571 shares of the stock were exchanged, down from an average trading volume of 224,790
Connect Group PLC (LON:CNCT) had its target price hold steady to 185.00GBX by Berenberg in a report released 2/9/2017. The new target price indicates a possible upside of 0.32% based on the company's last stock close price.
Previously on Wednesday February 08, 2017, JP Morgan Cazenove reported about Connect Group PLC (LON:CNCT) raised the target price from 164.00GBX to 168.00GBX. At the time, this indicated a possible upside of 0.19%.
See Chart Below
Connect Group PLC has a 52 week low of 125.30GBX and a 52 week high of 168.00GBX with a P/E ratio of 10.15 The company’s market cap is currently 0 GBX.
About Connect Group PLC (LON:CNCT)
Connect Group PLC is a United Kingdom-based distribution company. The Company's segments include Connect News & Media: News Distribution (Smiths News); Connect News & Media: Media (DMD); Connect Parcel Freight (Tuffnells); Connect Education & Care (The Consortium), and Connect Books (Bertrams, Dawson Books and Wordery). Smiths News segment distributes newspapers and magazines to approximately 30,000 retailers across England and Wales from over 40 distribution centers. DMD segment supplies newspaper and magazines to airlines. Tuffnells segment provides next day business to business (B2B) delivery of mixed parcel freight consignments. The Consortium segment is a distributor of education and care consumable products servicing approximately 30,000 customers across the United Kingdom. Bertrams, Dawson Books and Wordery segment distributes physical and digital books to high street and online retailers, public libraries, academic institutions and direct to consumers.
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