KCOM Group (LON:KCOM) had its price target lowered by equities research analysts at Barclays from GBX 105 ($1.41) to GBX 100 ($1.35) in a research report issued on Wednesday, November 29th. The brokerage presently has an “equal weight” rating on the stock. Barclays’ target price suggests a potential upside of 4.10% from the stock’s current price.
A number of other analysts have also recently commented on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 150 ($2.02) target price on shares of KCOM Group in a research note on Thursday, August 24th. FinnCap restated a “corporate” rating and set a GBX 130 ($1.75) price objective on shares of KCOM Group in a research note on Thursday, November 9th.
Shares of KCOM Group (LON KCOM) traded down GBX 0.44 ($0.01) during trading on Wednesday, hitting GBX 96.06 ($1.29). 310,643 shares of the stock were exchanged, compared to its average volume of 938,211. KCOM Group has a 52-week low of GBX 87 ($1.17) and a 52-week high of GBX 111.25 ($1.50).
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KCOM Group Company Profile
KCOM Group PLC is engaged in providing information technology (IT) and communications services. The Company’s segments include Enterprise, Hull and East Yorkshire and National Network Services. The Enterprise segment is engaged in providing IT and integration services, including cloud-based infrastructure and contact and collaboration solutions, to the United Kingdom-based public and private sector organizations.
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