ITE Group Rating Reiterated by Westhouse Securities (ITE)
ITE Group (LON:ITE)‘s stock had its “add” rating reiterated by equities research analysts at Westhouse Securities in a note issued to investors on Thursday, Analyst Ratings Net reports. They currently have a GBX 320 ($5.36) target price on the stock. Westhouse Securities’ price objective would suggest a potential upside of 13.56% from the stock’s previous close.
Shares of ITE Group (LON:ITE) opened at 281.80 on Thursday. ITE Group has a 52-week low of GBX 255.90 and a 52-week high of GBX 323.00. The stock has a 50-day moving average of GBX 291.8 and a 200-day moving average of GBX 293.4. The company’s market cap is £692.4 million.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity cut their price target on shares of ITE Group from GBX 335 ($5.61) to GBX 315 ($5.28) in a research note on Friday, January 31st. They now have a “buy” rating on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of ITE Group in a research note on Thursday, January 30th. They now have a GBX 335 ($5.61) price target on the stock. Finally, analysts at Investec cut their price target on shares of ITE Group from GBX 355 ($5.95) to GBX 340 ($5.70) in a research note on Thursday, January 30th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 339.21 ($5.68).
ITE Group plc is engaged in the organization of trade exhibitions, conferences and related activities.
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