ITE Group plc (ITE) Earns Hold Rating from Peel Hunt

Peel Hunt reissued their hold rating on shares of ITE Group plc (LON:ITE) in a report published on Monday morning. Peel Hunt currently has a GBX 150 ($1.94) target price on the stock.

A number of other brokerages have also recently weighed in on ITE. N+1 Singer restated a hold rating and set a GBX 161 ($2.08) price objective on shares of ITE Group plc in a research note on Tuesday, May 16th. Numis Securities Ltd restated a buy rating and set a GBX 204 ($2.63) price objective on shares of ITE Group plc in a research note on Thursday, May 11th. Canaccord Genuity decreased their price objective on ITE Group plc from GBX 172 ($2.22) to GBX 166 ($2.14) and set a hold rating for the company in a research note on Wednesday, May 17th. Finally, Investec restated a hold rating and set a GBX 158 ($2.04) price objective on shares of ITE Group plc in a research note on Thursday, July 13th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 169 ($2.18).

ITE Group plc (LON:ITE) opened at 185.00 on Monday. ITE Group plc has a one year low of GBX 127.28 and a one year high of GBX 185.75. The company’s market capitalization is GBX 483.00 million. The stock’s 50 day moving average price is GBX 169.51 and its 200 day moving average price is GBX 163.48.

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About ITE Group plc

ITE Group plc is engaged in the organization of international trade exhibitions and conferences. The Company’s geographical segments include Russia, Central Asia, Eastern and Southern Europe, Asia and Rest of the World. The Company specializes in producing exhibitions and conferences that advance business and economic development by connecting buyers and suppliers from around the world.

Analyst Recommendations for ITE Group plc (LON:ITE)

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