STV Group Plc. (STVG) Given Buy Rating at Peel Hunt

Peel Hunt reissued their buy rating on shares of STV Group Plc. (LON:STVG) in a research report released on Friday morning. Peel Hunt currently has a GBX 460 ($5.94) target price on the stock.

Separately, Numis Securities Ltd reiterated a buy rating and set a GBX 445 ($5.75) target price on shares of STV Group Plc. in a research report on Thursday, August 31st.

STV Group Plc. (LON:STVG) traded down 6.90% during midday trading on Friday, hitting GBX 352.25. 9,115 shares of the stock traded hands. The company’s 50 day moving average price is GBX 380.47 and its 200 day moving average price is GBX 374.20. STV Group Plc. has a 12 month low of GBX 348.00 and a 12 month high of GBX 440.00. The firm’s market cap is GBX 137.03 million.

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The company also recently disclosed a dividend, which will be paid on Friday, October 27th. Investors of record on Thursday, September 28th will be paid a GBX 5 ($0.06) dividend. This represents a yield of 1.31%. The ex-dividend date of this dividend is Thursday, September 28th.

STV Group Plc. Company Profile

STV Group plc is a United Kingdom-based digital media company. The Company is engaged in the production and distribution of content across multiple devices and platforms, including television broadcasting and the sale of advertising airtime and space in the media. The Company focuses on its television and digital media businesses and involved in charitable activities.

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