Time Out Group (TMO) PT Lowered to GBX 155
Time Out Group (LON:TMO) had its target price decreased by equities researchers at Liberum Capital from GBX 195 ($2.55) to GBX 155 ($2.03) in a report released on Thursday. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s price target indicates a potential upside of 108.05% from the stock’s previous close.
LON:TMO opened at GBX 74.50 ($0.97) on Thursday. Time Out Group has a twelve month low of GBX 129 ($1.69) and a twelve month high of GBX 145 ($1.89).
In other Time Out Group news, insider Christine Elaine Petersen sold 50,000 shares of the business’s stock in a transaction on Thursday, November 15th. The shares were sold at an average price of GBX 77 ($1.01), for a total value of £38,500 ($50,307.07). Also, insider Peter Adam Daiches Dubens acquired 300,302 shares of the business’s stock in a transaction on Thursday, September 27th. The stock was purchased at an average price of GBX 83 ($1.08) per share, for a total transaction of £249,250.66 ($325,690.13).
Time Out Group plc engages in media and entertainment business. The company operates in four segments: Print, Digital, International, and Markets. The Print segment sells print advertising and publications. The Digital segment sells digital advertising, including premium profiles; and live events through online bookings and transactions, as well as offers e-commerce services.
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