Innovation Group PLC’s Buy Rating Reaffirmed at Panmure Gordon (TIG)
Innovation Group PLC (LON:TIG)‘s stock had its “buy” rating reissued by equities research analysts at Panmure Gordon in a research note issued to investors on Monday. They currently have a GBX 51 ($0.85) price objective on the stock. Panmure Gordon’s target price indicates a potential upside of 60.63% from the company’s current price.
Separately, analysts at Investec reiterated a “buy” rating on shares of Innovation Group PLC in a research note on Tuesday, June 24th. They now have a GBX 45 ($0.75) price target on the stock. Six equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus price target of GBX 84.80 ($1.42).
Innovation Group PLC (LON:TIG) traded up 0.79% during mid-day trading on Monday, hitting GBX 32.00. The stock had a trading volume of 61,871 shares. Innovation Group PLC has a 1-year low of GBX 27.246 and a 1-year high of GBX 35.797. The stock’s 50-day moving average is GBX 32.79 and its 200-day moving average is GBX 33.35. The company’s market cap is £386.0 million.
The Innovation Group plc is software and outsourcing services provider to the global insurance industry and related automotive, fleet and property sectors.
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.