ITE Group plc (LON:ITE) had its target price increased by N+1 Singer from GBX 137 ($1.79) to GBX 160 ($2.09) in a report released on Monday morning. N+1 Singer currently has a hold rating on the stock.
ITE has been the subject of a number of other research reports. Peel Hunt downgraded shares of ITE Group plc to a hold rating and set a GBX 160 ($2.09) price objective for the company. in a report on Friday, September 2nd. Canaccord Genuity boosted their price objective on shares of ITE Group plc from GBX 145 ($1.89) to GBX 150 ($1.96) and gave the company a hold rating in a report on Wednesday, July 13th. Finally, Numis Securities Ltd reissued a buy rating and issued a GBX 204 ($2.66) price objective on shares of ITE Group plc in a report on Tuesday, July 12th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 165 ($2.15).
Shares of ITE Group plc (LON:ITE) traded up 1.12% during trading on Monday, reaching GBX 158.50. 146,217 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is GBX 167.22 and its 200-day moving average price is GBX 151.96. ITE Group plc has a 52-week low of GBX 118.06 and a 52-week high of GBX 181.25. The stock’s market cap is GBX 402.28 million.
ITE Group plc Company Profile
ITE Group PLC is a United Kingdom-based company, which is engaged in organizing business-to-business (B2B) exhibitions and conferences. The Company specializes in organizing events in growing and developing markets. The Company organizes around 240 exhibitions and conferences across the world with events and brands in different industry sectors.
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