EI Group PLC (EIG) Given Buy Rating at Canaccord Genuity
Canaccord Genuity reaffirmed their buy rating on shares of EI Group PLC (LON:EIG) in a research report released on Tuesday morning. Canaccord Genuity currently has a GBX 160 ($2.07) price objective on the stock.
Other equities analysts also recently issued reports about the stock. Peel Hunt restated an add rating and set a GBX 165 ($2.13) price objective on shares of EI Group PLC in a research note on Tuesday, May 16th. Numis Securities Ltd restated a buy rating and set a GBX 160 ($2.07) price objective on shares of EI Group PLC in a research note on Thursday, February 9th. Finally, Deutsche Bank AG restated a buy rating and set a GBX 170 ($2.19) price objective on shares of EI Group PLC in a research note on Wednesday, February 15th.
Shares of EI Group PLC (LON:EIG) opened at 141.2036 on Tuesday. The stock’s 50 day moving average price is GBX 141.16 and its 200 day moving average price is GBX 127.18. The company’s market capitalization is GBX 689.19 million. EI Group PLC has a 1-year low of GBX 71.50 and a 1-year high of GBX 149.75.
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In other EI Group PLC news, insider Adam Fowle acquired 40,000 shares of EI Group PLC stock in a transaction dated Wednesday, March 22nd. The stock was bought at an average cost of GBX 131 ($1.69) per share, for a total transaction of £52,400 ($67,639.09).
EI Group PLC Company Profile
Ei Group plc, formerly Enterprise Inns plc, is a leased and tenanted pub company in the United Kingdom. The Company includes a portfolio of businesses comprising a range of operating models and trading styles. Its businesses include Ei Publican Partnerships, Ei Commercial Properties, Ei Managed Operations and Ei Managed Investments.
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