Exane BNP Paribas Raises Pace plc to Outperform (PIC)
Pace plc (LON: PIC) was upgraded by research analysts at Exane BNP Paribas to an “outperform” rating in a report released on Monday. The firm currently has a $2.58 (160 GBX) target price on the stock.
Pace plc traded down 2.74% on Monday, hitting GBX 168.75. 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 £501.7 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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