IDOX plc (IDOX) Upgraded to Buy at FinnCap

IDOX plc (LON:IDOX) was upgraded by investment analysts at FinnCap to a “buy” rating in a note issued to investors on Tuesday. The firm presently has a GBX 87 ($1.12) price objective on the stock, up from their previous price objective of GBX 68 ($0.88). FinnCap’s price target points to a potential upside of 20.00% from the stock’s previous close.

Separately, N+1 Singer reaffirmed a “corporate” rating on shares of IDOX plc in a research note on Friday, February 24th.

IDOX plc (IDOX) opened at 70.75 on Tuesday. IDOX plc has a one year low of GBX 55.25 and a one year high of GBX 78.00. The firm’s market capitalization is GBX 253.82 million. The firm’s 50-day moving average price is GBX 72.78 and its 200 day moving average price is GBX 68.94.

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In other news, insider Richard G. Q. Kellett-Clarke sold 200,000 shares of the firm’s stock in a transaction dated Friday, April 7th. The stock was sold at an average price of GBX 69 ($0.89), for a total transaction of £138,000 ($178,317.61).

IDOX plc Company Profile

Idox plc is a supplier of specialist information management solutions and services to the public sector and to regulated asset intensive industries around the world. The Company operates through five business segments: Public Sector Software (PSS), Engineering Information Management (EIM), Grants (GRS), Compliance (COMP), and Digital (DIG).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:IDOX”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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