Innovation Group PLC Stock Rating Reaffirmed by N+1 Singer (TIG)
Innovation Group PLC (LON:TIG)‘s stock had its “buy” rating reiterated by research analysts at N+1 Singer in a report released on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 34 ($0.55) price target on the stock. N+1 Singer’s target price suggests a potential upside of 12.40% from the company’s current price.
A number of other analysts have also recently weighed in on TIG. Analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Innovation Group PLC in a research note to investors on Thursday. They now have a GBX 34 ($0.55) price target on the stock. Separately, analysts at Panmure Gordon raised their price target on shares of Innovation Group PLC from GBX 38 ($0.61) to GBX 41 ($0.66) in a research note to investors on Wednesday, October 2nd. They now have a “buy” rating on the stock. Finally, analysts at Investec raised their price target on shares of Innovation Group PLC from GBX 33 ($0.53) to GBX 38 ($0.61) in a research note to investors on Tuesday, October 1st. They now have a “buy” rating on the stock.
Innovation Group PLC (LON:TIG) opened at 30.50 on Thursday. Innovation Group PLC has a 52 week low of GBX 20.75 and a 52 week high of GBX 30.75. The stock’s 50-day moving average is GBX 29.41 and its 200-day moving average is GBX 27.48. The company’s market cap is £297.0 million.
The Innovation Group plc is a specialist global provider of software and outsourcing solutions to insurers and the associated fleet, automotive and property sectors.
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