EI Group (EIG) Rating Reiterated by Peel Hunt

EI Group (LON:EIG)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research note issued on Friday. They presently have a GBX 165 ($2.32) price objective on the stock. Peel Hunt’s target price suggests a potential upside of 19.74% from the stock’s previous close.

A number of other research analysts have also commented on the company. Liberum Capital reiterated a “hold” rating and set a GBX 140 ($1.97) price target on shares of EI Group in a report on Tuesday, November 21st. Numis Securities reiterated a “buy” rating and set a GBX 200 ($2.81) price target on shares of EI Group in a report on Tuesday, December 5th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 168 ($2.36).

Shares of EI Group (LON EIG) traded up GBX 1 ($0.01) during mid-day trading on Friday, hitting GBX 137.80 ($1.94). The stock had a trading volume of 1,358,227 shares, compared to its average volume of 625,794. EI Group has a one year low of GBX 122.25 ($1.72) and a one year high of GBX 153 ($2.15). The firm has a market capitalization of $658.11 and a price-to-earnings ratio of 1,378.00.

In other news, insider Neil Smith sold 33,424 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of GBX 144 ($2.02), for a total transaction of £48,130.56 ($67,589.61).

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EI Group Company Profile

Ei Group plc, formerly Enterprise Inns plc, is a leased and tenanted pub company in the United Kingdom. The Company includes a portfolio of businesses comprising a range of operating models and trading styles. Its businesses include Ei Publican Partnerships, Ei Commercial Properties, Ei Managed Operations and Ei Managed Investments.

Analyst Recommendations for EI Group (LON:EIG)

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