KCOM Group (KCOM) Rating Reiterated by Peel Hunt

KCOM Group (LON:KCOM)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research note issued to investors on Friday.

A number of other brokerages have also commented on KCOM. Berenberg Bank initiated coverage on KCOM Group in a research note on Tuesday, October 16th. They issued a “buy” rating and a GBX 115 ($1.50) target price for the company. Numis Securities initiated coverage on KCOM Group in a research note on Monday, July 9th. They issued a “reduce” rating and a GBX 85 ($1.11) target price for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. KCOM Group presently has an average rating of “Hold” and a consensus target price of GBX 114 ($1.49).

Shares of LON KCOM opened at GBX 94.10 ($1.23) on Friday. KCOM Group has a one year low of GBX 85.30 ($1.11) and a one year high of GBX 111.25 ($1.45).

About KCOM Group

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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