Shore Capital restated their buy rating on shares of Iomart Group Plc (LON:IOM) in a report released on Friday morning.

IOM has been the topic of a number of other research reports. FinnCap upped their price objective on shares of Iomart Group Plc from GBX 360 ($4.78) to GBX 400 ($5.31) and gave the stock a corporate rating in a report on Tuesday, June 13th. Peel Hunt lifted their target price on shares of Iomart Group Plc from GBX 315 ($4.18) to GBX 388 ($5.15) and gave the company a buy rating in a report on Tuesday, June 13th. Finally, N+1 Singer raised Iomart Group Plc to a buy rating and set a GBX 388 ($5.15) price target on the stock in a research report on Tuesday, August 22nd.

Iomart Group Plc (LON:IOM) opened at 334.75 on Friday. The company’s market cap is GBX 360.06 million. The stock has a 50 day moving average price of GBX 318.73 and a 200-day moving average price of GBX 309.62. Iomart Group Plc has a 12-month low of GBX 250.00 and a 12-month high of GBX 345.00.

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Iomart Group Plc Company Profile

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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