EI Group (EIG) Rating Reiterated by Peel Hunt

EI Group (LON:EIG)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a note issued to investors on Thursday. They currently have a GBX 165 ($2.31) price target on the stock. Peel Hunt’s target price indicates a potential upside of 30.74% from the stock’s current price.

EIG has been the topic of several other research reports. Liberum Capital restated a “hold” rating and set a GBX 140 ($1.96) price objective on shares of EI Group in a research note on Tuesday, November 21st. Numis Securities restated a “buy” rating and set a GBX 200 ($2.80) price objective on shares of EI Group in a research note on Tuesday, December 5th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 168 ($2.36).

Shares of EI Group (LON:EIG) traded down GBX 8.60 ($0.12) during midday trading on Thursday, reaching GBX 126.20 ($1.77). The company’s stock had a trading volume of 3,214,109 shares, compared to its average volume of 786,035. EI Group has a 12-month low of GBX 122.25 ($1.71) and a 12-month high of GBX 153 ($2.15). The firm has a market capitalization of $599.84 and a PE ratio of 1,262.00.

In other EI Group news, insider Neil Smith sold 33,424 shares of the company’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 ($67,485.36).

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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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