Numis Securities Ltd Cuts ITE Group plc (ITE) Price Target to GBX 195

ITE Group plc (LON:ITE) had its target price trimmed by Numis Securities Ltd from GBX 204 ($2.66) to GBX 195 ($2.55) in a research note issued to investors on Monday morning. The brokerage currently has a buy rating on the stock.

Several other equities analysts also recently issued reports on the stock. Canaccord Genuity raised their price target on shares of ITE Group plc from GBX 145 ($1.89) to GBX 150 ($1.96) and gave the company a hold rating in a research note on Wednesday, July 13th. Peel Hunt reaffirmed a buy rating and set a GBX 160 ($2.09) price target on shares of ITE Group plc in a research note on Tuesday, July 12th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. ITE Group plc currently has an average rating of Hold and an average price target of GBX 165 ($2.15).

ITE Group plc (LON:ITE) opened at 153.00 on Monday. ITE Group plc has a 52 week low of GBX 118.06 and a 52 week high of GBX 181.25. The firm’s market capitalization is GBX 388.32 million. The company has a 50-day moving average of GBX 166.19 and a 200-day moving average of GBX 151.92.

ITE Group plc Company Profile

ITE Group PLC is a United Kingdom-based company, which is engaged in organizing business-to-business (B2B) exhibitions and conferences. The Company specializes in organizing events in growing and developing markets. The Company organizes around 240 exhibitions and conferences across the world with events and brands in different industry sectors.

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