ITE Group plc (ITE) Receives Buy Rating from Numis Securities Ltd
Several other research firms have also commented on ITE. Peel Hunt lowered ITE Group plc to a hold rating and set a GBX 160 ($2.00) price objective on the stock. in a research report on Friday, September 2nd. N+1 Singer raised their price objective on ITE Group plc from GBX 137 ($1.71) to GBX 160 ($2.00) and gave the company a hold rating in a research report on Monday, October 3rd. Finally, Canaccord Genuity raised their price objective on ITE Group plc from GBX 150 ($1.87) to GBX 160 ($2.00) and gave the company a hold rating in a research report on Monday, October 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 165 ($2.06).
Shares of ITE Group plc (LON:ITE) opened at 146.75 on Thursday. ITE Group plc has a 1-year low of GBX 118.06 and a 1-year high of GBX 181.25. The stock’s market capitalization is GBX 372.46 million. The firm’s 50-day moving average price is GBX 145.85 and its 200 day moving average price is GBX 151.86.
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About ITE Group plc
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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