Berenberg Bank Begins Coverage on KCOM Group (KCOM)

Berenberg Bank assumed coverage on shares of KCOM Group (LON:KCOM) in a report issued on Tuesday morning. The firm issued a buy rating and a GBX 115 ($1.50) price objective on the stock.

KCOM has been the topic of a number of other research reports. Peel Hunt reiterated a buy rating on shares of KCOM Group in a research report on Monday, October 1st. Numis Securities started coverage on KCOM Group in a research report on Monday, July 9th. They issued a reduce rating and a GBX 85 ($1.11) target price on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of GBX 114 ($1.49).

Shares of KCOM stock opened at GBX 93.07 ($1.22) on Tuesday. KCOM Group has a fifty-two week low of GBX 85.30 ($1.11) and a fifty-two week high of GBX 111.25 ($1.45).

KCOM Group Company Profile

KCOM Group PLC provides IP-based communication and collaboration services to enterprises, small and medium-sized businesses, and consumers in the United Kingdom. It operates through Hull and East Yorkshire, Enterprise, and National Network Services segments. The company provides consulting, design, implementation, and managed services related to the collaborative systems and cloud markets; communication and Internet-based services; and network connectivity and related services.

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