Mobile Tornado Group Plc Given “Buy” Rating at Investec (MBT)
Mobile Tornado Group Plc (LON:MBT)‘s stock had its “buy” rating restated by equities research analysts at Investec in a research note issued to investors on Thursday, AnalystRatingsNetwork reports. They currently have a GBX 32 ($0.51) target price on the stock. Investec’s price target would indicate a potential upside of 57.95% from the company’s current price.
Mobile Tornado Group Plc (LON:MBT) traded down 2.04% during mid-day trading on Thursday, hitting GBX 24.00. The stock had a trading volume of 110,845 shares. Mobile Tornado Group Plc has a one year low of GBX 8.161 and a one year high of GBX 30.476. The stock’s 50-day moving average is GBX 21.36 and its 200-day moving average is GBX 23.18.
Mobile Tornado Group Plc is a provider of instant messaging solutions, which serve the market of mobile data services in the mobile communication industry.
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