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).
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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