Connect Group PLC (LON:CNCT) Had Its Target Downgraded by 45.97% at Peel Hunt to GBX 67.00; Profile of 1 Analysts Covering Norsk Hydro ASA (NHYDY)

February 12, 2018 - By Danny Collins

In a research note issued to investors and clients by Peel Hunt on Monday morning, Connect Group PLC (LON:CNCT) had its target downgraded to GBX 67.00. The firm now has “Hold” rating on the stock.

Among 2 analysts covering Norsk Hydro (OTCMKTS:NHYDY), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Norsk Hydro had 4 analyst reports since July 29, 2015 according to SRatingsIntel. Goldman Sachs upgraded the stock to “Buy” rating in Friday, October 9 report. The firm has “Neutral” rating given on Wednesday, August 12 by Goldman Sachs. The stock has “Sell” rating by Zacks on Monday, August 31. As per Wednesday, July 29, the company rating was upgraded by BNP Paribas. See Norsk Hydro ASA (OTCMKTS:NHYDY) latest ratings:

Among 9 analysts covering Connect Group PLC (LON:CNCT), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Connect Group PLC has GBX 201 highest and GBX 67 lowest target. GBX 145.86’s average target is 137.17% above currents GBX 61.5 stock price. Connect Group PLC had 78 analyst reports since October 6, 2015 according to SRatingsIntel. FinnCap maintained the shares of CNCT in report on Tuesday, April 25 with “Buy” rating. Peel Hunt maintained it with “Buy” rating and GBX 180 target in Tuesday, January 10 report. As per Tuesday, February 7, the company rating was maintained by FinnCap. The stock of Connect Group PLC (LON:CNCT) earned “Buy” rating by Berenberg on Tuesday, April 25. As per Wednesday, October 14, the company rating was maintained by Liberum Capital. The rating was maintained by Liberum Capital with “Buy” on Tuesday, February 7. The company was maintained on Wednesday, February 8 by JP Morgan. The company was maintained on Monday, July 24 by FinnCap. On Monday, June 26 the stock rating was maintained by Liberum Capital with “Buy”. The stock has “Buy” rating by FinnCap on Tuesday, October 18.

Connect Group PLC engages in the distribution of newspapers, magazines, books, and education and care consumable products. The company has market cap of 150.93 million GBP. The firm operates through Connect News & Media: News Distribution; Connect News & Media: Media; Connect Books; Connect Education & Care; and Connect Parcel Freight divisions. It has a 4.16 P/E ratio. The Connect News & Media: News Distribution segment is involved in distribution of newspapers and magazines to 30,000 retailers from 42 distribution centers across England and Wales.

The stock decreased 1.44% or GBX 0.9 during the last trading session, reaching GBX 61.5. About 179,213 shares traded. Connect Group PLC (LON:CNCT) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

The stock increased 0.59% or $0.04 during the last trading session, reaching $6.86. About shares traded. Norsk Hydro ASA (OTCMKTS:NHYDY) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.