KCOM Group (KCOM) Price Target Cut to GBX 127
KCOM Group (LON:KCOM) had its price target decreased by equities researchers at Peel Hunt from GBX 150 ($1.96) to GBX 127 ($1.66) in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Peel Hunt’s price objective would indicate a potential upside of 94.01% from the stock’s current price.
Separately, Berenberg Bank reissued a “buy” rating on shares of KCOM Group in a report on Wednesday, November 14th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 109.40 ($1.43).
KCOM opened at GBX 65.46 ($0.86) on Tuesday. KCOM Group has a 52 week low of GBX 85.30 ($1.11) and a 52 week high of GBX 111.25 ($1.45).
KCOM Group PLC provides IP-based communication and collaboration services to enterprises, small and medium-sized businesses, and consumers in the United Kingdom. It operates through Hull and East Yorkshire, Enterprise, and National Network Services segments. The company provides consulting, design, implementation, and managed services related to the collaborative systems and cloud markets; communication and Internet-based services; and network connectivity and related services.
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