Trading Report: Today, ITE Group plc (ITE) PT Lowered to GBX 150 at Peel Hunt

Today, ITE Group plc (ITE) PT Lowered to GBX 150 at Peel Hunt

ITE Group plc (LON:ITE) had its price target trimmed by Peel Hunt from GBX 160 ($2.09) to GBX 150 ($1.96) in a research note published on Monday. The brokerage currently has a hold rating on the stock.

ITE has been the topic of a number of other research reports. Numis Securities Ltd restated a buy rating and set a GBX 204 ($2.66) target price on shares of ITE Group plc in a research note on Tuesday, July 12th. Canaccord Genuity raised their target price on shares of ITE Group plc from GBX 145 ($1.89) to GBX 150 ($1.96) and gave the stock a hold rating in a research note on Wednesday, July 13th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and a consensus price target of GBX 165 ($2.15).

Shares of ITE Group plc (LON:ITE) opened at 153.00 on Monday. 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 388.32 million. The stock has a 50 day moving average of GBX 166.19 and a 200-day moving average of GBX 151.92.

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