RCH has been the topic of several other reports. Barclays lowered their target price on Reach from GBX 78 ($1.02) to GBX 71 ($0.93) and set an equal weight rating on the stock in a research note on Tuesday, October 9th. Numis Securities restated a buy rating and issued a GBX 208 ($2.72) target price on shares of Reach in a research note on Monday, October 8th. Finally, Citigroup restated a neutral rating and issued a GBX 77 ($1.01) target price on shares of Reach in a research note on Thursday, August 16th.
Shares of RCH opened at GBX 59 ($0.77) on Wednesday.
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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