Trading Report: Today, ITE Group plc (ITE) Earns Buy Rating from Numis Securities Ltd

Today, ITE Group plc (ITE) Earns Buy Rating from Numis Securities Ltd

Numis Securities Ltd reissued their buy rating on shares of ITE Group plc (LON:ITE) in a report issued on Thursday. They currently have a GBX 195 ($2.42) price target on the stock.

A number of other equities research analysts have also issued reports on the company. Canaccord Genuity increased their price target on ITE Group plc from GBX 150 ($1.86) to GBX 160 ($1.98) and gave the company a hold rating in a research report on Monday, October 3rd. N+1 Singer increased their price objective on ITE Group plc from GBX 137 ($1.70) to GBX 160 ($1.98) and gave the company a hold rating in a report on Monday, October 3rd. Finally, Peel Hunt dropped their price objective on ITE Group plc from GBX 160 ($1.98) to GBX 150 ($1.86) and set a hold rating on the stock in a report on Monday, October 3rd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 165 ($2.05).

ITE Group plc (LON:ITE) opened at 148.9375 on Thursday. The firm’s market capitalization is GBX 378.01 million. The firm has a 50-day moving average price of GBX 145.47 and a 200-day moving average price of GBX 151.84. ITE Group plc has a one year low of GBX 118.06 and a one year high of GBX 181.25.

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