Reach PLC 6.2% potential upside indicated by Barclays

Reach PLC with ticker (LON:RCH) now has a potential upside of 6.2% according to Barclays.



Barclays set a target price of 75 GBX for the company, which when compared to the Reach PLC share price of 71 GBX at opening today (06/07/2023) indicates a potential upside of 6.2%. Trading has ranged between 64 (52 week low) and 123 (52 week high) with an average of 539,540 shares exchanging hands daily. The market capitalisation at the time of writing is £219,144,148.

Reach plc is a United Kingdom-based commercial, national, and regional news publisher. The Company is focused on providing content that attracts the audience of any commercial news publisher in the United Kingdom (UK) and Ireland. The Company is engaged in delivering the latest news, entertainment, and sport through paid-for and free newspapers and magazines across the world through multi-platform digital sites, including desktop, mobile, and applications. The Company’s brands include the Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, and Curiously. The Company’s portfolio of national, regional, and hyperlocal news brands is available in a combination of printed and digital formats. The Company has approximately 138 brands, including Websites and print products; 40 books published by Mirror Books; and 17 active podcasts.