Exova Group Plc (EXO) Rating Reiterated by Shore Capital

Exova Group Plc (LON:EXO)‘s stock had its “buy” rating reaffirmed by Shore Capital in a research report issued to clients and investors on Thursday.

Several other research analysts have also commented on the stock. Peel Hunt restated an “add” rating and issued a GBX 210 ($2.74) price objective on shares of Exova Group Plc in a report on Wednesday. Goldman Sachs Group Inc. decreased their price target on shares of Exova Group Plc from GBX 219 ($2.86) to GBX 210 ($2.74) and set a “buy” rating for the company in a research note on Thursday, September 1st. Barclays PLC reiterated an “overweight” rating and issued a GBX 225 ($2.94) price target on shares of Exova Group Plc in a research note on Thursday, September 1st. Finally, Credit Suisse Group AG increased their price target on shares of Exova Group Plc from GBX 200 ($2.61) to GBX 220 ($2.87) and gave the stock an “outperform” rating in a research note on Friday, July 8th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 218 ($2.85).

Shares of Exova Group Plc (LON:EXO) opened at 202.50 on Thursday. Exova Group Plc has a 12 month low of GBX 123.00 and a 12 month high of GBX 210.00. The company’s market cap is GBX 507.06 million. The firm has a 50-day moving average of GBX 199.91 and a 200 day moving average of GBX 179.60.

The firm also recently declared a dividend, which will be paid on Wednesday, November 9th. Investors of record on Thursday, October 27th will be paid a GBX 1.05 ($0.01) dividend. The ex-dividend date is Thursday, October 27th. This represents a dividend yield of 0.53%.

About Exova Group Plc

Exova Group plc is a United Kingdom-based provider of laboratory-based testing and related advisory services, operating from approximately 121 laboratories in around 23 countries. The Company has three operational segments, which include Europe, the Americas and Rest of World. The Company provides services across five business clusters, such as Aerospace; Oil and Gas, and Industrials; Product; Health Sciences, and Middle East.

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