ITE Group plc Stock Rating Reaffirmed by N+1 Singer (ITE)
Shares of ITE Group plc (LON:ITE) opened at 217.50 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’s 50-day moving average is GBX 215.0 and its 200-day moving average is GBX 268.0. The company’s market cap is £534.4 million.
A number of other analysts have also recently weighed in on ITE. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of ITE Group plc in a research note on Wednesday, May 14th. They now have a GBX 330 ($5.55) price target on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of ITE Group plc from GBX 263 ($4.42) to GBX 215 ($3.62) in a research note on Monday, May 12th. They now have a “hold” rating on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 289.33 ($4.87).
ITE Group plc is engaged in the organization of trade exhibitions, conferences and related activities.
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