Learning Technologies Group PLC (LTG) Upgraded to “Buy” at Numis Securities Ltd
Learning Technologies Group PLC (LON:LTG) was upgraded by stock analysts at Numis Securities Ltd to a “buy” rating in a research report issued on Friday, July 21st, Marketbeat Ratings reports. The brokerage currently has a GBX 60 ($0.78) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 27.66% from the company’s current price.
Separately, Canaccord Genuity assumed coverage on shares of Learning Technologies Group PLC in a research report on Wednesday, June 21st. They set a “buy” rating and a GBX 54 ($0.70) price target on the stock.
Learning Technologies Group PLC (LON:LTG) opened at 46.50 on Friday. The stock’s market capitalization is GBX 195.77 million. The firm’s 50-day moving average is GBX 45.77 and its 200 day moving average is GBX 45.74. Learning Technologies Group PLC has a 52-week low of GBX 28.00 and a 52-week high of GBX 57.00.
In related news, insider Dale Solomon sold 1,165,914 shares of the firm’s stock in a transaction on Tuesday, June 13th. The stock was sold at an average price of GBX 44 ($0.57), for a total value of £513,002.16 ($668,058.55). Also, insider Harry D. Hill purchased 43,000 shares of the company’s stock in a transaction that occurred on Monday, June 5th. The stock was acquired at an average cost of GBX 46 ($0.60) per share, with a total value of £19,780 ($25,758.56).
About Learning Technologies Group PLC
Learning Technologies Group plc (LTG) is a United Kingdom-based holding company. The Company is engaged in the provision of e-learning services. The Company is engaged in the production of interactive multimedia programs. The Company’s portfolio includes LEO, a learning technologies firm, the multi-device authoring tool gomo learning, games with purpose company Preloaded and Eukleia, and an e-learning provider to the financial services sector.
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