Numis Securities Ltd Boosts ITE Group plc (ITE) Price Target to GBX 220
ITE Group plc (LON:ITE) had its price target increased by Numis Securities Ltd from GBX 210 ($2.79) to GBX 220 ($2.92) in a research report sent to investors on Tuesday. Numis Securities Ltd currently has a buy rating on the stock.
A number of other equities research analysts also recently commented on the stock. Peel Hunt reissued a hold rating and issued a GBX 150 ($1.99) price objective on shares of ITE Group plc in a research report on Monday, September 4th. Investec reissued a hold rating and issued a GBX 158 ($2.10) price objective on shares of ITE Group plc in a research report on Thursday, July 13th. Finally, Canaccord Genuity reissued a hold rating and issued a GBX 166 ($2.20) price objective on shares of ITE Group plc in a research report on Thursday, July 13th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 172 ($2.28).
Shares of ITE Group plc (LON:ITE) opened at 182.00 on Tuesday. ITE Group plc has a 52 week low of GBX 127.28 and a 52 week high of GBX 190.50. The firm’s market capitalization is GBX 475.17 million. The firm has a 50-day moving average of GBX 175.86 and a 200 day moving average of GBX 166.82.
ITE Group plc Company Profile
ITE Group plc is engaged in the organization of international trade exhibitions and conferences. The Company’s geographical segments include Russia, Central Asia, Eastern and Southern Europe, Asia and Rest of the World. The Company specializes in producing exhibitions and conferences that advance business and economic development by connecting buyers and suppliers from around the world.
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