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Innovation Group PLC (LON:TIG)‘s stock had its “buy” rating restated by Investec in a research note issued on Monday. They currently have a GBX 45 ($0.76) target price on the stock. Investec’s target price indicates a potential upside of 46.34% from the stock’s previous close.

Shares of Innovation Group PLC (LON:TIG) opened at 30.95 on Monday. Innovation Group PLC has a one year low of GBX 25.80 and a one year high of GBX 35.797. The stock’s 50-day moving average is GBX 32.65 and its 200-day moving average is GBX 33.63. The company’s market cap is £305.3 million.

TIG has been the subject of a number of other recent research reports. Analysts at N 1 Singer reiterated a “buy” rating on shares of Innovation Group PLC in a research note on Monday. They now have a GBX 39 ($0.66) price target on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Innovation Group PLC in a research note on Monday. They now have a GBX 39 ($0.66) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Innovation Group PLC in a research note on Thursday, May 1st. They now have a GBX 39 ($0.66) price target on the stock. Seven equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of GBX 76.33 ($1.28).

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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