Equities researchers at Peel Hunt initiated coverage on shares of Inspired Energy PLC (LON:INSE) in a report released on Wednesday. The brokerage set a “buy” rating and a GBX 25 ($0.32) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 14.29% from the company’s previous close.

Separately, Shore Capital reiterated a “house stock” rating on shares of Inspired Energy PLC in a research note on Thursday, June 29th.

Shares of Inspired Energy PLC (LON:INSE) opened at 21.875 on Wednesday. The firm’s market cap is GBX 106.43 million. The company’s 50-day moving average is GBX 19.16 and its 200-day moving average is GBX 17.08. Inspired Energy PLC has a 52 week low of GBX 11.60 and a 52 week high of GBX 20.63.

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Inspired Energy PLC Company Profile

Inspired Energy PLC provides energy purchasing and energy consultancy services to corporate, and small and medium-sized enterprise (SME) energy users. The Company’s segments include The Corporate division (Corporate), The SME division (SME) and PLC costs. The Corporate segment includes operations of Inspired Energy Solutions Limited, Direct Energy Purchasing Limited, Wholesale Power UK Limited and STC Energy and Carbon Holdings Limited.

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