Reach (RCH) Rating Reiterated by Peel Hunt

Reach (LON:RCH)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a research note issued to investors on Wednesday.

Separately, Barclays upped their price objective on Reach from GBX 60 ($0.78) to GBX 65 ($0.85) and gave the company an “equal weight” rating in a research note on Wednesday, February 27th.

Shares of LON RCH opened at GBX 63.23 ($0.83) on Wednesday.

In other news, insider Simon Fox sold 94,352 shares of the stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of GBX 60 ($0.78), for a total transaction of £56,611.20 ($73,972.56).

About Reach

Reach plc produces and distributes content through newspapers and associated digital platforms in the United Kingdom, the Republic of Ireland, Continental Europe, and internationally. The company operates through four segments: Publishing, Printing, Specialist Digital, and Central. The Publishing segment offers content through paid-for and free newspapers and related multi-platform digital sites; holds events and exhibitions related to publishing activities; provides contract publishing for football clubs and other sport-related organizations; and offers marketing solutions and commercial partnerships.

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