Tribal Group plc (LON:TRB) had its target price lifted by Canaccord Genuity from GBX 200 ($3.10) to GBX 221 ($3.43) in a research note released on Tuesday morning, StockRatingsNetwork.com reports. They currently have a buy rating on the stock.
Canaccord Genuity has also taken action a number of other stocks recently. The firm lowered its price target on shares of Ceragon Networks Ltd. from $3.50 to $3.40. They have a hold rating on that stock. Also, Canaccord Genuity reiterated its buy rating on shares of Rio Tinto. Finally, Canaccord Genuity lowered its price target on shares of Amarin Co. plc from $17.00 to $10.00. They have a buy rating on that stock.
Several other analysts have also recently commented on the stock. Analysts at WH Ireland cut their price target on shares of Tribal Group plc from GBX 235 ($3.65) to GBX 200 ($3.10) in a research note to investors on Tuesday. They now have a buy rating on the stock.
Shares of Tribal Group plc (LON:TRB) traded down 0.50% during mid-day trading on Tuesday, hitting GBX 200.00. Tribal Group plc has a 52 week low of GBX 85.25 and a 52 week high of GBX 207.75. The stock’s 50-day moving average is currently GBX 93.16. The company’s market cap is £186.6 million.
Tribal Group plc is a provider of systems and solutions to the international education, learning and training markets.
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