Peel Hunt Reaffirms Add Rating for Exova Group Plc (EXO)
Exova Group Plc (LON:EXO)‘s stock had its “add” rating reaffirmed by analysts at Peel Hunt in a research report issued to clients and investors on Wednesday. They currently have a GBX 210 ($2.74) price objective on the stock. Peel Hunt’s target price points to a potential upside of 7.14% from the stock’s previous close.
Several other equities research analysts have also commented on EXO. Goldman Sachs Group Inc. reissued a “buy” rating and set a GBX 191.70 ($2.50) price target on shares of Exova Group Plc in a research note on Monday, June 27th. Shore Capital reissued a “buy” rating on shares of Exova Group Plc in a research note on Monday, July 4th. Credit Suisse Group AG boosted their price target on Exova Group Plc from GBX 200 ($2.61) to GBX 220 ($2.87) and gave the stock an “outperform” rating in a research note on Friday, July 8th. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 225 ($2.94) price target on shares of Exova Group Plc in a research note on Thursday, September 1st. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 218 ($2.85).
Exova Group Plc (LON:EXO) traded up 3.32% during midday trading on Wednesday, reaching GBX 202.50. The company’s stock had a trading volume of 1,004,721 shares. The firm’s 50-day moving average price is GBX 199.83 and its 200-day moving average price is GBX 179.27. The stock’s market capitalization is GBX 507.06 million. Exova Group Plc has a 52 week low of GBX 123.00 and a 52 week high of GBX 210.00.
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The business also recently announced a dividend, which will be paid on Wednesday, November 9th. Investors of record on Thursday, October 27th will be paid a GBX 1.05 ($0.01) dividend. This represents a yield of 0.53%. The ex-dividend date is Thursday, October 27th.
About Exova Group Plc
Exova Group plc is a United Kingdom-based provider of laboratory-based testing and related advisory services, operating from approximately 121 laboratories in around 23 countries. The Company has three operational segments, which include Europe, the Americas and Rest of World. The Company provides services across five business clusters, such as Aerospace; Oil and Gas, and Industrials; Product; Health Sciences, and Middle East.
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