Peel Hunt Reaffirms “Buy” Rating for Trinity Mirror plc (TNI)

Peel Hunt reaffirmed their buy rating on shares of Trinity Mirror plc (LON:TNI) in a research note released on Monday, October 9th. Peel Hunt currently has a GBX 190 ($2.52) price objective on the stock.

TNI has been the subject of several other research reports. Barclays PLC reissued an equal weight rating on shares of Trinity Mirror plc in a research note on Tuesday, August 1st. Numis Securities Ltd reissued a buy rating and issued a GBX 210 ($2.79) target price on shares of Trinity Mirror plc in a research note on Friday, June 30th.

Trinity Mirror plc (LON:TNI) opened at 83.50 on Monday. The company’s market capitalization is GBX 229.37 million. Trinity Mirror plc has a 52-week low of GBX 74.61 and a 52-week high of GBX 124.00. The firm has a 50-day moving average of GBX 87.38 and a 200 day moving average of GBX 99.98.

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

About Trinity Mirror plc

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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