Iomart Group Plc (IOM) Stock Rating Reaffirmed by Peel Hunt

Iomart Group Plc (LON:IOM)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research note issued on Wednesday, April 26th. They currently have a GBX 315 ($4.07) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 5.97% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Shore Capital restated a “buy” rating on shares of Iomart Group Plc in a research note on Friday, March 31st. FinnCap restated a “corporate” rating and issued a GBX 360 ($4.65) target price on shares of Iomart Group Plc in a research note on Sunday, April 2nd.

Shares of Iomart Group Plc (LON:IOM) traded up 0.084175% during midday trading on Wednesday, reaching GBX 298.139008. The company had a trading volume of 75,453 shares. Iomart Group Plc has a 12-month low of GBX 226.00 and a 12-month high of GBX 325.00. The company has a 50 day moving average of GBX 296.55 and a 200 day moving average of GBX 293.51. The firm’s market capitalization is GBX 319.13 million.

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Iomart Group Plc Company Profile

iomart Group plc is a holding company. The Company is engaged in providing secure managed hosting and cloud services. The Company operates through two segments: Easyspace and Cloud Services. The Easyspace segment provides a range of shared hosting and domain registration services to micro, and small and medium-sized enterprises (SME) companies.

12 Month Chart for LON:IOM

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