ITE Group Rating Reiterated by Nplus1 Brewin (ITE)
ITE Group (LON:ITE)‘s stock had its “buy” rating reiterated by stock analysts at Nplus1 Brewin in a report issued on Tuesday, American Banking & Market News reports. They currently have a GBX 335 ($5.40) price objective on the stock. Nplus1 Brewin’s price objective suggests a potential upside of 23.25% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of ITE Group (LON:ITE) in a research note to investors on Friday. They now have a GBX 285 ($4.60) price target on the stock. Separately, analysts at N+1 Singer upgraded shares of ITE Group (LON:ITE) from a “hold” rating to a “buy” rating in a research note to investors on Monday, September 23rd. They now have a GBX 335 ($5.40) price target on the stock, up previously from GBX 297 ($4.79). Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of ITE Group (LON:ITE) in a research note to investors on Friday, September 20th. They now have a GBX 365 ($5.89) price target on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 332.58 ($5.37).
Shares of ITE Group (LON:ITE) traded up 6.33% on Tuesday, hitting GBX 289.00. 157,790 shares of the company’s stock traded hands. ITE Group has a 1-year low of GBX 181.00 and a 1-year high of GBX 309.50. The stock has a 50-day moving average of GBX 283.9 and a 200-day moving average of GBX 284.2. The company’s market cap is £704.1 million.
ITE Group plc is engaged in the organization of trade exhibitions, conferences and related activities.
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