Peel Hunt Raises ITE Group plc (ITE) Price Target to GBX 155
ITE Group plc (LON:ITE) had its price objective raised by Peel Hunt from GBX 150 ($1.99) to GBX 155 ($2.06) in a research report report published on Tuesday morning. The brokerage currently has a hold rating on the stock.
Several other research firms also recently commented on ITE. Numis Securities Ltd lifted their price objective on ITE Group plc from GBX 210 ($2.79) to GBX 220 ($2.92) and gave the stock a buy rating in a report on Tuesday. Investec reiterated a hold rating and issued a GBX 158 ($2.10) price objective on shares of ITE Group plc in a report on Thursday, July 13th. Finally, Canaccord Genuity reiterated a hold rating and issued a GBX 166 ($2.20) price objective on shares of ITE Group plc in a report on Thursday, July 13th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. ITE Group plc currently has an average rating of Hold and a consensus target price of GBX 172 ($2.28).
ITE Group plc (LON:ITE) opened at 182.00 on Tuesday. The firm’s market cap is GBX 475.17 million. The firm has a 50-day moving average price of GBX 175.86 and a 200-day moving average price of GBX 166.82. ITE Group plc has a one year low of GBX 127.28 and a one year high of GBX 190.50.
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ITE Group plc Company Profile
ITE Group plc is engaged in the organization of international trade exhibitions and conferences. The Company’s geographical segments include Russia, Central Asia, Eastern and Southern Europe, Asia and Rest of the World. The Company specializes in producing exhibitions and conferences that advance business and economic development by connecting buyers and suppliers from around the world.
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