Connect Group PLC (LON:CNCT) Shares Moves On Numis ‘Under Review’ Rating

June 14, 2018 - By Carrie Sands

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Connect Group PLC (LON:CNCT) Stock Surprise By Numis

Connect Group PLC (LON:CNCT) shares have had their ‘Under Review’ rating reissued by Analysts at Numis in an analyst note published on 14 June.

Connect Group PLC (LON:CNCT) Ratings Coverage

Among 4 analysts covering Connect Group PLC (LON:CNCT), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Connect Group PLC has GBX 135 highest and GBX 54 lowest target. GBX 73.67’s average target is 144.75% above currents GBX 30.10001 stock price. Connect Group PLC had 10 analyst reports since December 21, 2017 according to SRatingsIntel. The rating was maintained by Shore Capital on Monday, January 29 with “Buy”. The stock of Connect Group PLC (LON:CNCT) has “Buy” rating given on Thursday, February 1 by Shore Capital. The rating was maintained by Peel Hunt on Wednesday, June 13 with “Hold”. The stock of Connect Group PLC (LON:CNCT) has “Add” rating given on Monday, January 8 by Peel Hunt. The stock of Connect Group PLC (LON:CNCT) earned “Add” rating by Peel Hunt on Thursday, December 21. As per Monday, April 30, the company rating was maintained by JP Morgan.

The stock increased 4.88% or GBX 1.40001 during the last trading session, reaching GBX 30.10001. About 1.03M shares traded or 46.27% up from the average. Connect Group PLC (LON:CNCT) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Connect Group PLC engages in the distribution of newspapers, magazines, and books products in the United Kingdom and internationally. The company has market cap of 73.87 million GBP. The firm operates through News & Media: News Distribution, News & Media: Media, and Mixed Freight divisions. It has a 2.03 P/E ratio. 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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