Barclays Capital Gives Equalweight Rating to Pace plc (PIC)
Pace plc (LON: PIC)‘s stock had its “equalweight” rating reaffirmed by research analysts at Barclays Capital in a report released on Wednesday. They currently have a $2.40 (150 GBX) target price on the stock.
Shares of Pace plc opened at 162.20 on Wednesday. Pace plc has a 52 week low of GBX 43.51 and a 52 week high of GBX 183.00. The company’s market cap is £482.2 million.
A number of other analysts have also recently weighed in on PIC. Analysts at Jefferies Group reiterated a “buy” rating on shares of Pace plc in a research note to investors on Thursday, September 13th. They now have a $3.32 price target on the stock. Analysts at Exane BNP Paribas upgraded shares of Pace plc to an “outperform” rating in a research note to investors on Monday, September 10th. They now have a $2.58 price target on the stock.
Pace plc is engaged in the development, design and distribution of technologies and products for managed subscription television, telephony and broadband services and the provision of engineering design, and software applications to its set-top boxes (STB) and gateway customers.
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