Iomart Group (IOM) Receives Buy Rating from Shore Capital
Iomart Group (LON:IOM)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a research note issued on Tuesday.
IOM has been the subject of several other reports. Peel Hunt reiterated a “buy” rating and set a GBX 388 ($5.22) target price on shares of Iomart Group in a research note on Monday, September 4th. FinnCap reiterated a “corporate” rating and set a GBX 400 ($5.38) target price on shares of Iomart Group in a research note on Thursday, November 9th. Finally, N+1 Singer upgraded shares of Iomart Group to a “buy” rating and set a GBX 388 ($5.22) target price for the company in a research note on Tuesday, August 22nd.
Shares of Iomart Group (LON IOM) opened at GBX 381 ($5.13) on Tuesday. Iomart Group has a 1-year low of GBX 270.25 ($3.64) and a 1-year high of GBX 380 ($5.11).
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iomart Group plc is a holding company. The Company is engaged in providing secure managed hosting and cloud services. The Company operates through two segments: Easyspace and Cloud Services. The Easyspace segment provides a range of shared hosting and domain registration services to micro, and small and medium-sized enterprises (SME) companies.
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