Innovation Group PLC Stock Rating Reaffirmed by N+1 Singer (TIG)
Innovation Group PLC (LON:TIG)‘s stock had its “buy” rating restated by investment analysts at N+1 Singer in a note issued to investors on Monday. They currently have a GBX 39 ($0.66) price target on the stock. N+1 Singer’s price objective suggests a potential upside of 26.83% from the company’s current price.
Innovation Group PLC (LON:TIG) opened at 31.0776 on Monday. Innovation Group PLC has a 52 week low of GBX 25.80 and a 52 week 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 £306.6 million.
A number of other firms have also recently commented on TIG. Analysts at Edison Group reiterated a “positive” rating on shares of Innovation Group PLC in a research note on Monday, April 7th. Analysts at Investec raised their price target on shares of Innovation Group PLC from GBX 42 ($0.71) to GBX 45 ($0.76) in a research note on Monday, March 17th. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price 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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