Trading Report: Today, ITE Group plc (ITE) Stock Rating Reaffirm by Peel Hunt

Today, ITE Group plc (ITE) Stock Rating Reaffirm by Peel Hunt

ITE Group plc (LON:ITE)‘s stock had its “hold” rating reaffirmed by equities researchers at Peel Hunt in a research note issued to investors on Tuesday. They presently have a GBX 150 ($1.86) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 2.56% from the stock’s current price.

Several other research analysts have also recently weighed in on ITE. N+1 Singer increased their price objective on ITE Group plc from GBX 137 ($1.70) to GBX 160 ($1.98) and gave the stock a “hold” rating in a research report on Monday, October 3rd. Numis Securities Ltd restated a “buy” rating and issued a GBX 195 ($2.42) price target on shares of ITE Group plc in a research report on Thursday, November 24th. Finally, Canaccord Genuity raised their price target on ITE Group plc from GBX 150 ($1.86) to GBX 160 ($1.98) and gave the stock a “hold” rating in a research report on Monday, October 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. ITE Group plc presently has an average rating of “Hold” and an average target price of GBX 165 ($2.05).

ITE Group plc (LON:ITE) opened at 149.50 on Tuesday. The firm’s 50-day moving average is GBX 145.47 and its 200-day moving average is GBX 151.84. The firm’s market capitalization is GBX 379.44 million. ITE Group plc has a 52-week low of GBX 118.06 and a 52-week high of GBX 181.25.

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