Trinity Mirror plc (TNI) Given “Buy” Rating at Numis Securities Ltd

Numis Securities Ltd reaffirmed their buy rating on shares of Trinity Mirror plc (LON:TNI) in a research note published on Monday, October 9th. The brokerage currently has a GBX 210 ($2.79) target price on the stock.

Other equities analysts also recently issued research reports about the stock. Peel Hunt reaffirmed a buy rating and set a GBX 190 ($2.52) price target on shares of Trinity Mirror plc in a research note on Monday, July 31st. Barclays PLC reaffirmed an equal weight rating on shares of Trinity Mirror plc in a research note on Tuesday, August 1st.

Shares of Trinity Mirror plc (TNI) opened at 84.00 on Monday. Trinity Mirror plc has a 52-week low of GBX 74.61 and a 52-week high of GBX 124.00. The stock’s market capitalization is GBX 230.75 million. The company has a 50 day moving average price of GBX 87.38 and a 200-day moving average price of GBX 99.98.

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The firm also recently announced a dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, September 7th were paid a GBX 2.25 ($0.03) dividend. This represents a dividend yield of 2.25%. The ex-dividend date of this dividend was Thursday, September 7th.

Trinity Mirror plc Company Profile

Trinity Mirror plc is a national and regional news publisher. The Company is engaged in producing and distributing content through newspapers and associated digital platforms. It operates through four segments: Publishing, which includes all of its newspapers and associated digital publishing; Printing, which provides printing services to the publishing segment and to third parties; Specialist Digital, which includes its digital recruitment classified business and its digital marketing services businesses, and Central, which includes revenue and costs not allocated to the operational divisions.

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