Iomart Group Plc (IOM) Rating Reiterate by the Peel Hunt

Iomart Group Plc (IOM) Rating Reiterate by the Peel Hunt

Iomart Group Plc (LON:IOM)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a note issued to investors on Thursday. They presently have a GBX 315 ($3.90) target price on the stock. Peel Hunt’s target price suggests a potential upside of 20.34% from the stock’s previous close.

IOM has been the topic of several other reports. FinnCap restated a “corporate” rating and set a GBX 360 ($4.46) target price on shares of Iomart Group Plc in a research report on Friday, September 30th. N+1 Singer restated a “hold” rating and set a GBX 297 ($3.68) target price on shares of Iomart Group Plc in a research report on Friday, September 30th.

Iomart Group Plc (LON:IOM) traded down 1.133% during mid-day trading on Thursday, hitting GBX 261.125. 44,315 shares of the stock traded hands. The company’s market cap is GBX 278.92 million. The stock’s 50 day moving average is GBX 269.89 and its 200-day moving average is GBX 278.36. Iomart Group Plc has a 12 month low of GBX 210.00 and a 12 month high of GBX 320.00.

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In related news, insider Haran,Sarah sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 30th. The shares were sold at an average price of GBX 300 ($3.72), for a total transaction of £9,000 ($11,148.27). Also, insider Logan,Richard acquired 4,000 shares of Iomart Group Plc stock in a transaction that occurred on Friday, August 26th. The shares were purchased at an average cost of GBX 306 ($3.79) per share, for a total transaction of £12,240 ($15,161.65).

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