ITE Group plc (ITE) Price Target Increased to GBX 160 by Analysts at N+1 Singer
ITE Group plc (LON:ITE) had its target price boosted by analysts at N+1 Singer from GBX 137 ($1.79) to GBX 160 ($2.09) in a research note issued to investors on Monday. The brokerage currently has a “hold” rating on the stock. N+1 Singer’s target price indicates a potential downside of 1.54% from the company’s previous close.
ITE has been the subject of several other research reports. Peel Hunt cut shares of ITE Group plc to a “hold” rating and set a GBX 160 ($2.09) target price for the company. in a research report on Friday, September 2nd. Canaccord Genuity upped their target price on shares of ITE Group plc from GBX 145 ($1.89) to GBX 150 ($1.96) and gave the company a “hold” rating in a research report on Wednesday, July 13th. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 204 ($2.66) target price on shares of ITE Group plc in a research report on Tuesday, July 12th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 163 ($2.13).
ITE Group plc (LON:ITE) opened at 157.25 on Monday. ITE Group plc has a 12-month low of GBX 118.06 and a 12-month high of GBX 181.25. The firm’s 50-day moving average price is GBX 167.83 and its 200 day moving average price is GBX 151.66. The company’s market capitalization is GBX 399.11 million.
ITE Group plc Company Profile
ITE Group PLC is a United Kingdom-based company, which is engaged in organizing business-to-business (B2B) exhibitions and conferences. The Company specializes in organizing events in growing and developing markets. The Company organizes around 240 exhibitions and conferences across the world with events and brands in different industry sectors.
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