A number of other research analysts have also commented on KCOM. Barclays lowered their price target on KCOM Group from GBX 100 ($1.31) to GBX 55 ($0.72) and set an equal weight rating for the company in a research report on Wednesday, November 21st. FinnCap reaffirmed a corporate rating on shares of KCOM Group in a research report on Wednesday, November 21st. Finally, Berenberg Bank reaffirmed a buy rating on shares of KCOM Group in a research report on Wednesday, November 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of GBX 95.50 ($1.25).
KCOM stock traded up GBX 0.40 ($0.01) during trading on Monday, hitting GBX 71.90 ($0.94). 89,374 shares of the company traded hands, compared to its average volume of 431,976. KCOM Group has a 1 year low of GBX 85.30 ($1.11) and a 1 year high of GBX 111.25 ($1.45).
In other KCOM Group news, insider Graham Sutherland purchased 45,000 shares of the stock in a transaction on Tuesday, January 29th. The stock was acquired at an average price of GBX 70 ($0.91) per share, with a total value of £31,500 ($41,160.33).
About KCOM Group
KCOM Group PLC provides communication and Internet-based services to enterprises, public sector organizations, and residential consumers in the United Kingdom. It operates through Hull & 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; and network connectivity and related services.
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