Pace PLC (LON:PIC) Rating Reaffirmed
This Morning, 2 December, Pace PLC (LON:PIC)’s “Buy” rating was reaffirmed by Liberum Capital in an interesting research report.
From a total of 8 analysts covering Pace PLC (LON:PIC) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 7.71 while the lowest target price is GBX 5.58. The mean of all analyst targets is GBX 6.73 with a 7.79% above today’s (GBX 430) stock price. Pace PLC was the topic of 12 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on October 29 with “Buy” rating. Barclays Capital maintained PIC stock in a recent report from October 12 with “Overweight” rating.
Approximately 550,921 shares of stock traded hands or 14.76% up from the average. Pace plc (LON:PIC) has declined 3.94% since May 5, 2015 and is downtrending. It has underperformed by 3.74% the S&P500.
Pace Plc is a United Kingdom-based company engaged in the provision of technology solutions for the Pay television and broadband industries. The company has a market cap of 1.37 billion GBP. The Firm offers solutions to cable, Telco and satellite operators. It has 11.81 P/E ratio. The Company’s offerings include Pay television hardware, set-up boxes, media servers and advanced Telco gateways, among others.