Mecom Group (LON: MEC)‘s stock had its “buy” rating reaffirmed by research analysts at Numis Securities Ltd in a report released on Wednesday. They currently have a $2.48 (166 GBX) target price on the stock.

Shares of Mecom Group opened at 88.00 on Wednesday. Mecom Group has a 52 week low of GBX 49.50 and a 52 week high of GBX 185.00. The stock’s 50-day moving average is currently GBX 82.5. The company’s market cap is £98.6 million.

Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Mecom Group in a research note to investors on Wednesday, February 27th. They now have a $1.64 price target on the stock.

Mecom Group plc (Mecom) is engaged in the operation of content and consumer businesses in Europe. It operates in three segments: The Netherlands, Denmark and Poland.

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