IP Group Plc (IPO) Receives Buy Rating from Numis Securities Ltd

Numis Securities Ltd restated their buy rating on shares of IP Group Plc (LON:IPO) in a report released on Thursday. The firm currently has a GBX 263 ($3.43) target price on the stock.

Separately, Beaufort Securities reissued a buy rating on shares of IP Group Plc in a report on Thursday, August 11th.

Shares of IP Group Plc (LON:IPO) opened at 168.40 on Thursday. The stock has a 50 day moving average price of GBX 185.16 and a 200 day moving average price of GBX 167.82. The stock’s market capitalization is GBX 951.81 million. IP Group Plc has a 1-year low of GBX 117.70 and a 1-year high of GBX 245.60.

IP Group Plc Company Profile

IP Group plc (IP Group) is a United Kingdom-based intellectual property commercialization company. The Company develops intellectual property-based businesses. The Company operates through three business segments: University partnership business, Venture capital fund management and In-licensing activity.

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