• Mark Watson-Mitchell

K3 Capital Group (LON:K3C) – an excellent price move in one month

Well what an excellent price move has been enjoyed over the last month by investors in this multi-disciplinary professional services firm.

The group’s shares have advanced from 147.5p to touching 202.5p yesterday in early dealings, that was just pennies over my price objective of one month ago.

Best known for its Knightsbridge business sales side, the group has quickly bedded down its recent acquisitions randd and Quantuma.

We should get some positive news from the company in a few weeks when it announces its Trading Update for the first half year to end November.

I am very happy with this grouping and its potential. Accordingly, I see its shares now 194p, rising far higher than my declared aim.

(Profile 21.10.20 @ 147.5p set a Target Price of 200p*)

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