Pace plc PT Raised to $3.95 (PIC)
Equities research analysts at Canaccord Genuity upped their price target on shares of Pace plc (LON: PIC) from $3.88 (258 GBX) to $3.95 (263 GBX) in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock.
PIC has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Pace plc in a research note to investors on Tuesday. They now have a $4.04 price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Pace plc from $3.46 to $3.95 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Pace plc in a research note to investors on Thursday, February 28th. They now have a $3.49 price target on the stock.
Pace plc opened at 231.20 on Tuesday. Pace plc has a 52-week low of GBX 68.00 and a 52-week high of GBX 242.00. The stock’s 50-day moving average is currently GBX 166.7. The company’s market cap is £687.3 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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