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.

COPYRIGHT VIOLATION WARNING: “Iomart Group Plc’s (IOM) Buy Rating Reiterated at Shore Capital” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another publication, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this report can be viewed at

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.

Receive News & Ratings for Iomart Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iomart Group Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.