Today, Barclays PLC lowers the Stock rating of KCOM Group PLC (KCOM)

Today, Barclays PLC lowers the Stock rating of KCOM Group PLC (KCOM)
KCOM Group PLC (LON:KCOM) was downgraded by investment analysts at Barclays PLC to an “underweight” rating in a note issued to investors on Tuesday. They presently have a GBX 110 ($1.37) target price on the stock. Barclays PLC’s price target indicates a potential downside of 5.17% from the stock’s previous close.

Several other equities research analysts have also recently commented on the stock. Peel Hunt assumed coverage on shares of KCOM Group PLC in a research report on Tuesday, September 20th. They issued a “buy” rating and a GBX 150 ($1.87) price target on the stock. FinnCap restated a “corporate” rating and set a GBX 130 ($1.62) price objective on shares of KCOM Group PLC in a report on Monday, August 15th.

KCOM Group PLC (LON:KCOM) traded up 1.31% on Tuesday, reaching GBX 116.00. 200,337 shares of the company traded hands. The firm has a 50 day moving average price of GBX 116.65 and a 200 day moving average price of GBX 111.69. The stock’s market capitalization is GBX 599.04 million. KCOM Group PLC has a 52-week low of GBX 93.50 and a 52-week high of GBX 124.50.

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