Liberum Capital Reiterates Buy Rating for EI Group (EIG)
EI Group (LON:EIG)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a report issued on Thursday.
A number of other equities analysts have also issued reports on the company. Peel Hunt reissued a “buy” rating on shares of EI Group in a report on Tuesday, November 20th. Berenberg Bank assumed coverage on shares of EI Group in a research report on Wednesday, October 31st. They set a “buy” rating and a GBX 200 ($2.61) price target for the company. Royal Bank of Canada initiated coverage on shares of EI Group in a research report on Tuesday, December 4th. They set a “sector performer” rating and a GBX 185 ($2.42) price target for the company. Finally, Barclays lifted their price objective on EI Group from GBX 175 ($2.29) to GBX 190 ($2.48) and gave the stock an “overweight” rating in a research report on Wednesday, November 21st. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. EI Group currently has a consensus rating of “Buy” and an average target price of GBX 212.50 ($2.78).
Shares of EIG stock opened at GBX 203.50 ($2.66) on Thursday. EI Group has a 1 year low of GBX 118.20 ($1.54) and a 1 year high of GBX 153 ($2.00).
EI Group Company Profile
Ei Group plc operates leased and tenanted pubs in the United Kingdom. It operates through three segments: Publican Partnerships, Commercial Properties, and Managed. The company engages in the rental of commercial properties, as well as financing and public houses management businesses. It is also involved in the sale of foods and drinks, as well as accommodation and gaming machines.
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