Analyst Price Target is GBX 365
▲ +37.22% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Reach in the last 3 months. The average price target is GBX 365, with a high forecast of GBX 475 and a low forecast of GBX 285. The average price target represents a 37.22% upside from the last price of GBX 266.
Current Consensus is
The current consensus among 3 investment analysts is to buy stock in Reach. This rating has held steady since June 2021, when it changed from a Hold consensus rating.
Reach plc produces and distributes content through newspapers, magazines, and digital platforms in the United Kingdom, the Republic of Ireland, Continental Europe, and internationally. The company produces and distributes content through paid-for, and free newspapers and magazines, as well as through multi-platform digital sites; and provides contract publishing services. Its portfolio includes brands, such as the Daily Mirror, Sunday Mirror, Sunday People, Daily Express, Sunday Express, Daily Star, Sunday Star, Daily Record, and Sunday Mail; and paid for celebrity magazines, such as OK! and New. The company also offers newspaper contract printing services to third parties. In addition, it is involved in the digital classified recruitment business. The company was formerly known as Trinity Mirror plc and changed its name to Reach plc in May 2018. Reach plc was incorporated in 1904 and is based in London, the United Kingdom.