Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Greatly undervalued vs peers
About
Reach plc operates as a commercial news publisher in the United Kingdom, the rest of Europe, and internationally. The company offers newspapers and magazines through wholesalers under the Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, Curiously, BirminghamLive, BelfastLive, and other brands. It is also involved in the circulation; digital classified print advertising; third-party printing contracts; contract publishing, syndication, and events; and digital display and transactional businesses. 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 headquartered in London, the United Kingdom. Reach plc operates as a subsidiary of Gannett Co., Inc.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV
Target Price
The average target price of RCH.L is 92.1 and suggests 121% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr