Connect Group PLC (LON:CNCT) has earned a consensus rating of “Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 157.60 ($2.08).

Several equities research analysts have commented on CNCT shares. Liberum Capital reissued a “buy” rating and issued a GBX 170 ($2.24) target price on shares of Connect Group PLC in a report on Monday, June 26th. Peel Hunt reissued an “add” rating and issued a GBX 135 ($1.78) target price on shares of Connect Group PLC in a report on Monday, July 24th. FinnCap dropped their target price on Connect Group PLC from GBX 187 ($2.47) to GBX 154 ($2.03) and set a “buy” rating on the stock in a report on Monday, July 31st. Shore Capital raised Connect Group PLC to a “buy” rating in a report on Thursday, July 20th. Finally, J P Morgan Chase & Co dropped their target price on Connect Group PLC from GBX 152 ($2.01) to GBX 144 ($1.90) and set an “overweight” rating on the stock in a report on Tuesday, July 25th.

Shares of Connect Group PLC (CNCT) traded down 1.29% during trading on Wednesday, hitting GBX 95.50. The stock had a trading volume of 218,885 shares. Connect Group PLC has a 52 week low of GBX 93.79 and a 52 week high of GBX 159.74. The firm has a 50 day moving average price of GBX 101.15 and a 200-day moving average price of GBX 113.32. The stock’s market capitalization is GBX 233.97 million.

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Connect Group PLC Company Profile

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); 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.

Analyst Recommendations for Connect Group PLC (LON:CNCT)

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