Peel Hunt Reiterates “Buy” Rating for KCOM Group (KCOM)

KCOM Group (LON:KCOM)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research report issued on Friday. They currently have a GBX 150 ($2.10) target price on the stock. Peel Hunt’s price target points to a potential upside of 60.09% from the stock’s current price.

KCOM has been the subject of several other reports. FinnCap restated a “corporate” rating and set a GBX 130 ($1.82) price objective on shares of KCOM Group in a research report on Thursday, November 9th. Barclays lowered their price objective on shares of KCOM Group from GBX 105 ($1.47) to GBX 100 ($1.40) and set an “equal weight” rating for the company in a research report on Wednesday, November 29th.

KCOM Group (KCOM) opened at GBX 93.70 ($1.31) on Friday. KCOM Group has a 1 year low of GBX 85.30 ($1.20) and a 1 year high of GBX 111.25 ($1.56). The company has a market cap of $476.31 and a P/E ratio of 1,874.00.

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About KCOM Group

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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