ITE Group plc (LON:ITE) had its price objective lifted by Canaccord Genuity from GBX 150 ($1.96) to GBX 160 ($2.09) in a research report sent to investors on Monday. They currently have a hold rating on the stock.
Several other research firms have also issued reports on ITE. Peel Hunt lowered shares of ITE Group plc to a hold rating and set a GBX 160 ($2.09) price target on the stock. in a research report on Friday, September 2nd. N+1 Singer increased their price objective on shares of ITE Group plc from GBX 137 ($1.79) to GBX 160 ($2.09) and gave the company a hold rating in a research report on Monday. 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 research report on Tuesday, July 12th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of GBX 165 ($2.15).
Shares of ITE Group plc (LON:ITE) opened at 151.25 on Monday. ITE Group plc has a 12 month low of GBX 118.06 and a 12 month high of GBX 181.25. The stock’s 50 day moving average is GBX 165.59 and its 200 day moving average is GBX 151.91. The firm’s market capitalization is GBX 383.88 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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