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Redcentric PLC 25.8% Potential Upside Indicated by finnCap

Redcentric PLC using EPIC/TICKER code LON:RCN had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘CORPORATE’ this morning by analysts at finnCap. Redcentric PLC are listed in the Technology sector within AIM. finnCap have set a target price of 117 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 25.8% from today’s opening price of 93 GBX. Over the last 30 and 90 trading days the company share price has increased 3.25 points and decreased 70.75 points respectively.

 
Redcentric PLC LON:RCN has a 50 day moving average of 92.70 GBX and a 200 Day Moving Average share price is recorded at 159.16 GBX. The 52 week high share price is 203.25 GBX while the year low stock price is currently 40 GBX. There are currently 147,166,220 shares in issue with the average daily volume traded being 2,015,567. Market capitalisation for LON:RCN is £137,048,542 GBP.

 

Redcentric PLC is a holding company. The Company is engaged in supply of information technology (IT) managed services. The Company’s segments include Recurring, Services, Product and Central. The Company’s Recurring segment is engaged in the provision of its services to customers under long-term agreements, including data, connectivity, hosting, cloud, and support services.


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