LON:CNCTConnect Group Share Price, Forecast & News

Connect Group's stock was trading at GBX 21.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CNCT stock has decreased by 14.1% and is now trading at GBX 18.68. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Connect Group in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Connect Group.

Connect Group announced a dividend on Wednesday, November 6th. Investors of record on Thursday, January 16th will be paid a dividend of GBX 1 per share on Thursday, February 13th. This represents a yield of 3.44%. The ex-dividend date is Thursday, January 16th. The official announcement can be seen at this link. View Connect Group's dividend history.

2 brokerages have issued 12 month target prices for Connect Group's stock. Their forecasts range from GBX 15 to GBX 15. On average, they expect Connect Group's stock price to reach GBX 15 in the next twelve months. This suggests that the stock has a possible downside of 19.7%. View analysts' price targets for Connect Group.

News stories about CNCT stock have trended very negative on Thursday, InfoTrie reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Connect Group earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutConnect Group.

Some companies that are related to Connect Group include Bloomsbury Publishing (BMY), Transcontinental (TCL.B), Independent News & Media (INM), Wilmington (WIL), Haynes Publishing Group (HYNS), Torstar (TS.B), Aspermont (ASP), Dods Group (DODS), McClatchy (MNI), Lingo Media (LM), GVIC Communications (GCT), Postmedia Network Canada (PNC.A), Axel Springer (AXELF), Axel Springer (SPR) and Freedom Leaf (FRLF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Connect Group investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Gran Tierra Energy (GTE) and Och-Ziff Capital Management Group (OZM).

Connect Group trades on the London Stock Exchange (LON) under the ticker symbol "CNCT."

Shares of CNCT and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

One share of CNCT stock can currently be purchased for approximately GBX 18.68.

Connect Group has a market capitalization of £46.26 million and generates £1.47 billion in revenue each year. Connect Group employs 5,199 workers across the globe.

The official website for Connect Group is www.connectgroupplc.com.

Connect Group's mailing address is Rowan House, Cherry Orchard North, SWINDON, SN2 8UH, United Kingdom. The company can be reached via phone at +44-845-1230000.