Reaffirmed: Pace (LON:PIC) “Outperform” Rating Restated at Exane BNP Paribas; GBX 510 Target in Place

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Pace (LON:PIC) Rating Reaffirmed

Analysts at Exane BNP Paribas now has a GBX 510 target PPS on Pace (LON:PIC). Exane BNP Paribas and their recent target PPS would suggest a potential upside of 18.94% from the company’s last price. The rating has been disclosed in a comprehensive report on Friday, 11 December.

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 7.62 while the lowest target price is GBX 5.52. The mean of all analyst targets is GBX 6.75 with a 8.04% above today’s (GBX 429) stock price. Pace PLC was the topic of 15 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on December 4 with “Outperform” rating. Liberum Capital maintained shares with “Buy” rating and GBX 412 target share price in a report from an October 29. Liberum Capital maintained PIC stock in a recent report from December 2 with “Buy” rating.

Approximately 71,412 shares of stock traded hands. Pace plc (LON:PIC) has risen 4.79% since May 14, 2015 and is uptrending. It has outperformed by 7.81% the S&P500.

Reaffirmed: Pace (LON:PIC)

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 1.35 billion GBP. The Firm offers solutions to cable, Telco and satellite operators. It has 11.86 P/E ratio. The Company’s offerings include Pay television hardware, set-up boxes, media servers and advanced Telco gateways, among others.

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