Inspired Energy PLC (INSE) Given Buy Rating at Panmure Gordon

Panmure Gordon reaffirmed their buy rating on shares of Inspired Energy PLC (LON:INSE) in a research note issued to investors on Thursday morning. Panmure Gordon currently has a GBX 19 ($0.25) price target on the stock.

INSE has been the topic of a number of other reports. Shore Capital reissued a house stock rating on shares of Inspired Energy PLC in a research report on Friday, August 19th. Beaufort Securities reissued a speculative buy rating on shares of Inspired Energy PLC in a research report on Wednesday, August 31st.

Shares of Inspired Energy PLC (LON:INSE) opened at 14.0751 on Thursday. The firm’s market cap is GBX 66.84 million. The stock has a 50 day moving average of GBX 13.48 and a 200 day moving average of GBX 13.12. Inspired Energy PLC has a 1-year low of GBX 11.00 and a 1-year high of GBX 15.00.

The business also recently declared a dividend, which will be paid on Tuesday, November 15th. Investors of record on Thursday, September 8th will be issued a GBX 0.13 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, September 8th. This represents a yield of 0.95%.

In related news, insider Mark Dickinson purchased 344,827 shares of the business’s stock in a transaction that occurred on Thursday, September 29th. The shares were purchased at an average cost of GBX 15 ($0.20) per share, with a total value of £51,724.05 ($67,516.06).

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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