Trinity Mirror plc (TNI) Earns “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Trinity Mirror plc (LON:TNI) in a research note released on Monday. They currently have a GBX 190 ($2.50) target price on the stock.

Several other equities analysts also recently commented on TNI. Barclays PLC restated an equal weight rating on shares of Trinity Mirror plc in a research note on Tuesday, August 1st. Numis Securities Ltd restated a buy rating and issued a GBX 210 ($2.76) price target on shares of Trinity Mirror plc in a research note on Friday, June 30th.

Shares of Trinity Mirror plc (LON:TNI) opened at 84.50 on Monday. The stock’s market cap is GBX 232.12 million. The company has a 50 day moving average price of GBX 88.55 and a 200-day moving average price of GBX 100.37. Trinity Mirror plc has a one year low of GBX 74.61 and a one year high of GBX 124.00.

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

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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