ITE Group (ITE) Given Hold Rating at Peel Hunt
ITE Group (LON:ITE)‘s stock had its “hold” rating reaffirmed by Peel Hunt in a report released on Monday, December 4th, StockTargetPrices.com reports. They presently have a GBX 160 ($2.14) price objective on the stock. Peel Hunt’s price target indicates a potential downside of 11.97% from the stock’s previous close.
ITE has been the topic of a number of other reports. Numis Securities raised their price target on shares of ITE Group from GBX 210 ($2.81) to GBX 220 ($2.94) and gave the company a “buy” rating in a research note on Tuesday, October 3rd. Canaccord Genuity reissued a “hold” rating and issued a GBX 182 ($2.43) target price on shares of ITE Group in a research note on Tuesday, November 28th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. ITE Group has a consensus rating of “Hold” and an average price target of GBX 176.20 ($2.36).
ITE Group (LON:ITE) opened at GBX 181.75 ($2.43) on Monday. The firm has a market cap of $466.53 and a PE ratio of -6,058.33. ITE Group has a 12 month low of GBX 145 ($1.94) and a 12 month high of GBX 197 ($2.63).
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ITE Group plc is engaged in the organization of international trade exhibitions and conferences. The Company’s geographical segments include Russia, Central Asia, Eastern and Southern Europe, Asia and Rest of the World. The Company specializes in producing exhibitions and conferences that advance business and economic development by connecting buyers and suppliers from around the world.
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