A number of other research firms have also issued reports on IOM. N+1 Singer raised Iomart Group Plc to a buy rating and set a GBX 388 ($5.01) target price on the stock in a research note on Tuesday, August 22nd. FinnCap increased their price target on Iomart Group Plc from GBX 360 ($4.65) to GBX 400 ($5.17) and gave the stock a corporate rating in a research note on Tuesday, June 13th.
Shares of Iomart Group Plc (LON:IOM) opened at 323.25 on Monday. The firm’s market cap is GBX 347.69 million. Iomart Group Plc has a 12-month low of GBX 250.00 and a 12-month high of GBX 345.00. The company has a 50 day moving average price of GBX 314.39 and a 200 day moving average price of GBX 306.18.
WARNING: This piece was reported by BBNS and is the sole property of of BBNS. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at https://baseballnewssource.com/markets/iomart-group-plc-iom-earns-buy-rating-from-peel-hunt/1596434.html.
The firm also recently declared a dividend, which was paid on Wednesday, September 6th. Shareholders of record on Thursday, August 10th were paid a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 1.88%. The ex-dividend date was Thursday, August 10th. This is a positive change from Iomart Group Plc’s previous dividend of $3.15.
About Iomart Group Plc
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.
Receive News & Ratings for Iomart Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iomart Group Plc and related companies with our FREE daily email newsletter.