ITE Group’s “Hold” Rating Reaffirmed at Nplus1 Brewin (ITE)
ITE Group (LON:ITE)‘s stock had its “hold” rating reiterated by analysts at Nplus1 Brewin in a research report issued to clients and investors on Friday, AnalystRatingsNetwork reports. They currently have a GBX 297 ($4.64) target price on the stock. Nplus1 Brewin’s price objective indicates a potential upside of 6.30% from the stock’s previous close.
ITE Group (LON:ITE) opened at 282.20 on Friday. 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 £687.5 million.
ITE has been the subject of a number of other recent research reports. Analysts at N+1 Singer reiterated a “hold” rating on shares of ITE Group (LON:ITE) in a research note to investors on Friday. They now have a GBX 297 ($4.64) price target on the stock. Separately, 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. Finally, 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.
Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. ITE Group presently has a consensus rating of “Buy” and a consensus price target of GBX 323.08 ($5.05).
ITE Group plc is engaged in the organization of trade exhibitions, conferences and related activities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.