ITE Group plc Rating Reiterated by Canaccord Genuity (ITE)
ITE Group plc (LON:ITE)‘s stock had its “hold” rating restated by stock analysts at Canaccord Genuity in a report issued on Monday, AnalystRatings.Net reports. They currently have a GBX 215 ($3.62) price target on the stock. Canaccord Genuity’s price objective points to a potential downside of 6.89% from the company’s current price.
ITE Group plc (LON:ITE) opened at 231.50 on Monday. ITE Group plc has a 52 week low of GBX 187.897 and a 52 week high of GBX 323.00. The stock has a 50-day moving average of GBX 212.5 and a 200-day moving average of GBX 270.. The company’s market cap is £568.8 million.
ITE has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd cut their price target on shares of ITE Group plc from GBX 380 ($6.40) to GBX 330 ($5.56) in a research note on Friday, March 28th. They now have a “buy” rating on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of ITE Group plc in a research note on Friday, March 28th. Finally, analysts at Investec cut their price target on shares of ITE Group plc from GBX 340 ($5.73) to GBX 260 ($4.38) in a research note on Friday, March 28th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. ITE Group plc currently has a consensus rating of “Buy” and an average price target of GBX 289.17 ($4.87).
ITE Group plc is engaged in the organization of trade exhibitions, conferences and related activities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.