Iomart Group Plc (LON:IOM)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a research report issued to clients and investors on Friday. They currently have a GBX 315 ($4.11) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 13.72% from the stock’s current price.
Separately, FinnCap restated a “corporate” rating and set a GBX 360 ($4.70) price target on shares of Iomart Group Plc in a report on Friday.
Iomart Group Plc (LON:IOM) opened at 277.00 on Friday. Iomart Group Plc has a 12 month low of GBX 210.00 and a 12 month high of GBX 320.00. The firm’s market capitalization is GBX 295.88 million. The stock’s 50 day moving average price is GBX 297.00 and its 200 day moving average price is GBX 278.18.
In other news, insider Haran,Sarah sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 30th. The shares were sold at an average price of GBX 300 ($3.92), for a total transaction of £9,000 ($11,747.81). Also, insider Logan,Richard sold 2,000 shares of the company’s stock in a transaction dated Thursday, August 25th. The shares were sold at an average price of GBX 310 ($4.05), for a total transaction of £6,200 ($8,092.94).
About Iomart Group Plc
iomart Group plc (iomart) is a United Kingdom-based company. The Company is engaged in provision of cloud computing and managed hosting services. The Group specializes in the design, delivery and management of business-critical hosting services. The Company operates in two segments: Easyspace and Hosting.
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