IP Group Plc (IPO) Receives Average Recommendation of “Buy” from Brokerages
Shares of IP Group Plc (LON:IPO) have earned an average rating of “Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 220.67 ($2.97).
Separately, Acumen Capital reaffirmed a “buy” rating on shares of IP Group in a report on Tuesday, September 26th.
IP Group (IPO) opened at GBX 146.14 ($1.97) on Friday. IP Group has a 12-month low of GBX 109.10 ($1.47) and a 12-month high of GBX 200.80 ($2.70).
IP Group Company Profile
IP Group plc (IP Group) is a United Kingdom-based intellectual property commercialization company. The Company develops intellectual property-based businesses. The Company operates through three business segments: University partnership business, Venture capital fund management and In-licensing activity.
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