Today, Redcentric PLC (RCN) Earns “Under Review” Rating from Numis Securities Ltd

Today, Redcentric PLC (RCN) Earns “Under Review” Rating from Numis Securities Ltd

Redcentric PLC (LON:RCN)‘s stock had its “under review” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Monday.

A number of other research analysts have also weighed in on the company. FinnCap reiterated a “corporate” rating on shares of Redcentric PLC in a research report on Monday, November 7th. Peel Hunt reiterated a “buy” rating and set a GBX 230 ($2.87) price target on shares of Redcentric PLC in a research report on Thursday, September 29th. Finally, N+1 Singer reiterated a “buy” rating and set a GBX 215 ($2.69) price target on shares of Redcentric PLC in a research report on Monday, September 26th. Two equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average price target of GBX 227 ($2.84).

Redcentric PLC (LON:RCN) traded up 0.84% during mid-day trading on Monday, hitting GBX 90.00. 2,621,638 shares of the stock traded hands. The firm’s market cap is GBX 131.29 million. The firm’s 50-day moving average is GBX 126.62 and its 200 day moving average is GBX 166.22. Redcentric PLC has a 52-week low of GBX 40.00 and a 52-week high of GBX 203.25.

In related news, insider Fisher,Fraser sold 285,000 shares of the business’s stock in a transaction on Friday, September 9th. The stock was sold at an average price of GBX 182 ($2.27), for a total transaction of £518,700 ($648,050.97).

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