Iomart Group (IOM) Rating Reiterated by Peel Hunt

Iomart Group (LON:IOM)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research note issued on Monday, December 4th. They currently have a GBX 405 ($5.42) target price on the stock. Peel Hunt’s target price would suggest a potential upside of 5.13% from the company’s previous close.

Several other equities research analysts also recently issued reports on IOM. FinnCap restated a “corporate” rating and set a GBX 400 ($5.35) price objective on shares of Iomart Group in a report on Thursday, November 9th. N+1 Singer upgraded Iomart Group to a “buy” rating and set a GBX 388 ($5.19) price objective on the stock in a report on Tuesday, August 22nd. Finally, Shore Capital restated a “buy” rating on shares of Iomart Group in a report on Friday, September 29th.

Shares of Iomart Group (LON IOM) remained flat at $GBX 385.25 ($5.15) during mid-day trading on Monday. The firm has a market cap of $415.12 and a price-to-earnings ratio of 3,210.42. Iomart Group has a 1 year low of GBX 280 ($3.74) and a 1 year high of GBX 420 ($5.62).

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About Iomart Group

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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