Barclays Capital Reaffirms Equalweight Rating on Pace plc (PIC)
Pace plc (LON: PIC)‘s stock had its “equalweight” rating restated by analysts at Barclays Capital in a research report issued to clients and investors on Monday. They currently have a $3.15 (195 GBX) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Pace plc in a research note to investors on Thursday. They now have a $3.67 price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Pace plc in a research note to investors on Monday, November 12th. They now have a $3.66 price target on the stock.
Shares of Pace plc opened at 205.915 on Monday. Pace plc has a one year low of GBX 68.00 and a one year high of GBX 206.10. The stock’s 50-day moving average is currently GBX 166.7. The company’s market cap is £617.7 million.
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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