Johnston Press Receives “Sell” Rating from Citigroup Inc. (JPR)

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Johnston Press (LON:JPR)‘s stock had its “sell” rating reiterated by investment analysts at Citigroup Inc. in a note issued to investors on Monday, Analyst Ratings Network.com reports. They currently have a GBX 3.30 ($0.05) target price on the stock. Citigroup Inc.’s price target would suggest a potential downside of 85.33% from the stock’s previous close.

Johnston Press (LON:JPR) opened at 22.50 on Monday. Johnston Press has a 1-year low of GBX 11.71 and a 1-year high of GBX 23.00. The stock’s 50-day moving average is GBX 16.94 and its 200-day moving average is GBX 15.48. The company’s market cap is £142.4 million.

A number of other analysts have also recently weighed in on JPR. Analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Johnston Press in a research note to investors on Monday, January 13th. They now have a GBX 9 ($0.15) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Johnston Press in a research note to investors on Monday, January 6th. They now have a GBX 25 ($0.41) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Johnston Press in a research note to investors on Thursday, December 19th. They now have a GBX 25 ($0.41) price target on the stock.

Johnston Press plc is engaged in the publishing of local and regional weekly, evening and morning newspapers, both paid-for and free, together with associated Websites, and specialist publications in print, online or via mobile technologies.

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