Iomart Group Plc’s (IOM) Corporate Rating Reaffirmed at FinnCap
Iomart Group Plc (LON:IOM)‘s stock had its “corporate” rating restated by equities research analysts at FinnCap in a research note issued on Monday. They presently have a GBX 360 ($4.50) price target on the stock. FinnCap’s target price would suggest a potential upside of 33.95% from the company’s current price.
IOM has been the subject of a number of other research reports. Peel Hunt restated a “buy” rating and issued a GBX 315 ($3.94) price target on shares of Iomart Group Plc in a research report on Thursday, November 10th. N+1 Singer restated a “hold” rating and issued a GBX 297 ($3.71) price target on shares of Iomart Group Plc in a research report on Friday, September 30th.
Shares of Iomart Group Plc (LON:IOM) opened at 268.75 on Monday. The company’s market capitalization is GBX 287.07 million. The firm has a 50-day moving average of GBX 267.41 and a 200-day moving average of GBX 277.91. Iomart Group Plc has a 12 month low of GBX 210.00 and a 12 month high of GBX 320.00.
In related news, insider Logan,Richard sold 2,000 shares of the stock in a transaction on Thursday, August 25th. The stock was sold at an average price of GBX 310 ($3.87), for a total transaction of £6,200 ($7,746.13). Also, insider Haran,Sarah sold 3,000 shares of the stock in a transaction on Wednesday, August 31st. The shares were sold at an average price of GBX 295 ($3.69), for a total value of £8,850 ($11,056.97).
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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