Peel Hunt Increases Centaur Media Plc (CAU) Price Target to GBX 45
Centaur Media Plc (LON:CAU) had its price objective hoisted by analysts at Peel Hunt from GBX 40 ($0.52) to GBX 45 ($0.59) in a research note issued to investors on Wednesday. The brokerage currently has a “hold” rating on the stock. Peel Hunt’s price objective points to a potential upside of 0.56% from the company’s current price.
Several other brokerages have also recently weighed in on CAU. Shore Capital restated a “buy” rating on shares of Centaur Media Plc in a report on Friday, May 27th. Numis Securities Ltd restated a “buy” rating and set a GBX 70 ($0.91) target price on shares of Centaur Media Plc in a report on Friday, July 29th. Finally, Investec dropped their target price on Centaur Media Plc from GBX 80 ($1.04) to GBX 60 ($0.78) and set a “buy” rating for the company in a report on Monday, August 1st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 62.38 ($0.81).
Shares of Centaur Media Plc (LON:CAU) opened at 44.25 on Wednesday. The company’s market cap is GBX 63.41 million. The company’s 50-day moving average price is GBX 41.16 and its 200 day moving average price is GBX 46.42. Centaur Media Plc has a one year low of GBX 32.88 and a one year high of GBX 81.00.
The business also recently announced a dividend, which will be paid on Thursday, October 6th. Investors of record on Thursday, September 15th will be issued a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 4.35%. The ex-dividend date of this dividend is Thursday, September 15th.
In other Centaur Media Plc news, insider Mukerji,Swagatam acquired 10,000 shares of the company’s stock in a transaction on Friday, July 29th. The stock was acquired at an average price of GBX 35 ($0.46) per share, for a total transaction of £3,500 ($4,568.59).
About Centaur Media Plc
Centaur Media Plc is a holding company. The Company is engaged in the provision of business information, events and marketing solutions to professional and commercial markets. It operates through four segments: Marketing, Financial Services, Home Interest and Professional. The Marketing segment includes all of the Company’s brands that serve the Marketing and Creative professions, including Econsultancy, Marketing Week, Festival of Marketing.
Receive News & Ratings for Centaur Media Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centaur Media Plc and related companies with MarketBeat.com's FREE daily email newsletter.