Peel Hunt reissued their buy rating on shares of Iomart Group Plc (LON:IOM) in a research report released on Thursday. The firm currently has a GBX 315 ($3.94) price objective on the stock.

Several other analysts have also recently weighed in on IOM. FinnCap reiterated a corporate rating and issued a GBX 360 ($4.50) price objective on shares of Iomart Group Plc in a research note on Monday, August 15th. N+1 Singer reiterated a hold rating and issued a GBX 297 ($3.71) price objective on shares of Iomart Group Plc in a research note on Friday, September 30th.

Iomart Group Plc (LON:IOM) opened at 265.85 on Thursday. The firm’s market capitalization is GBX 283.97 million. Iomart Group Plc has a one year low of GBX 210.00 and a one year high of GBX 320.00. The company has a 50-day moving average of GBX 268.79 and a 200 day moving average of GBX 278.39.

In related news, insider Haran,Sarah sold 3,000 shares of Iomart Group Plc stock in a transaction that occurred on Tuesday, August 30th. The shares were sold at an average price of GBX 300 ($3.75), for a total transaction of £9,000 ($11,244.38). Also, insider Logan,Richard sold 2,000 shares of Iomart Group Plc stock in a transaction that occurred on Thursday, August 25th. The shares were sold at an average price of GBX 310 ($3.87), for a total transaction of £6,200 ($7,746.13).

About Iomart Group Plc

iomart Group plc (iomart) is a United Kingdom-based company. The Company is engaged in provision of cloud computing and managed hosting services. The Group specializes in the design, delivery and management of business-critical hosting services. The Company operates in two segments: Easyspace and Hosting.

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