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Connect Group PLC (LON:CNCT) target price lowered to 164.00GBX, reported today by JP Morgan Cazenove

Yesterday Connect Group PLC (LON:CNCT) traded -0.35% lower at 0.00GBX. The company’s 50-day moving average is 158.18GBX and its 200-day moving average is 156.32GBX. The last stock close price is down -10.12% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 356,071 shares of the stock were exchanged, up from an average trading volume of 96,296

Connect Group PLC (LON:CNCT) had its target price lowered to 164.00GBX by JP Morgan Cazenove in a report released 10/19/2016. The new target price indicates steady performance relative to the company's last stock close price.

Previously on 10/18/2016, Peel Hunt reported about Connect Group PLC (LON:CNCT) held steady the target price at 180.00GBX. At the time, this indicated a possible upside of 0.28%.

See Chart Below

Connect Group PLC (LON:CNCT)

Connect Group PLC has a 52 week low of 129.75GBX and a 52 week high of 175.00GBX with a PE ratio of 13.25 Connect Group PLC’s market capitalization is currently 0 GBX.

General Information About Connect Group PLC (LON:CNCT)

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). Smiths News distributes newspapers and magazines to approximately 30,000 retailers across England and Wales from over 40 distribution centers. DMD is a supplier of newspaper and magazines to airlines, and a provider of inflight services. Bertrams, Dawson Books and Wordery distribute physical and digital books to high street and online retailers and academic institutions, among others. The Consortium is a distributor of education and care consumable products across the United Kingdom. Tuffnells is a provider of next day business-to-business (B2B) delivery of mixed parcel freight consignments.

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