Nplus1 Brewin Reiterates Buy Rating for Innovation Group PLC (TIG)
Innovation Group PLC (LON:TIG)‘s stock had its “buy” rating reiterated by analysts at Nplus1 Brewin in a research report issued to clients and investors on Thursday, American Banking and Market News reports. They currently have a GBX 34 ($0.55) price objective on the stock. Nplus1 Brewin’s target price suggests a potential upside of 12.40% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Innovation Group PLC in a research note to investors on Tuesday, October 1st. They now have a GBX 34 ($0.55) price target 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.
Shares of Innovation Group PLC (LON:TIG) opened at 30.65 on Thursday. Innovation Group PLC has a one year low of GBX 20.75 and a one year high of GBX 30.75. The stock has a 50-day moving average of GBX 29.41 and a 200-day moving average of GBX 27.48. The company’s market cap is £298.5 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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