Iomart Group’s (IOM) Buy Rating Reaffirmed at Shore Capital
Several other equities research analysts have also issued reports on IOM. N+1 Singer upgraded shares of Iomart Group to a buy rating and set a GBX 388 ($5.22) target price for the company in a research report on Tuesday, August 22nd. Peel Hunt reiterated a buy rating and set a GBX 388 ($5.22) target price on shares of Iomart Group in a research report on Monday, September 4th. Finally, FinnCap reiterated a corporate rating and set a GBX 400 ($5.38) target price on shares of Iomart Group in a research report on Friday, September 29th.
Iomart Group (LON IOM) traded down GBX 12.75 ($0.17) during trading hours on Tuesday, hitting GBX 370.25 ($4.98). The stock had a trading volume of 78,567 shares, compared to its average volume of 148,377. Iomart Group has a 52 week low of GBX 280 ($3.77) and a 52 week high of GBX 394.75 ($5.31).
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iomart Group plc is a holding company. The Company is engaged in providing secure managed hosting and cloud services. The Company operates through two segments: Easyspace and Cloud Services. The Easyspace segment provides a range of shared hosting and domain registration services to micro, and small and medium-sized enterprises (SME) companies.
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