ITE Group Receives “Hold” Rating from N+1 Singer (ITE)
ITE Group (LON:ITE)‘s stock had its “hold” rating restated by research analysts at N+1 Singer in a report released on Friday, AnalystRatingsNetwork reports. They currently have a GBX 297 ($4.64) price objective on the stock. N+1 Singer’s price target would indicate a potential upside of 6.30% from the company’s current price.
ITE has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of ITE Group (LON:ITE) in a research note to investors on Monday, August 19th. They now have a GBX 285 ($4.46) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of ITE Group (LON:ITE) in a research note to investors on Tuesday, July 16th. They now have a GBX 317 ($4.96) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of ITE Group (LON:ITE) in a research note to investors on Tuesday, July 16th. They now have a GBX 365 ($5.71) price target on the stock.
Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. ITE Group currently has an average rating of “Buy” and a consensus target price of GBX 323.08 ($5.05).
ITE Group (LON:ITE) traded down 0.11% during mid-day trading on Friday, hitting GBX 279.10. The stock had a trading volume of 48,450 shares. The stock has a 50-day moving average of GBX 285.9 and a 200-day moving average of GBX 284.0. The company’s market cap is £679.9 million.
ITE Group plc is engaged in the organization of trade exhibitions, conferences and related activities.
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