Peel Hunt Reaffirms Hold Rating for ITE Group plc (ITE)

Peel Hunt reiterated their hold rating on shares of ITE Group plc (LON:ITE) in a research note issued to investors on Thursday. The firm currently has a GBX 155 ($2.05) price target on the stock.

A number of other brokerages also recently commented on ITE. Numis Securities Ltd upped their target price on ITE Group plc from GBX 204 ($2.69) to GBX 210 ($2.77) and gave the company a buy rating in a report on Thursday, July 13th. Investec restated a hold rating and set a GBX 158 ($2.08) target price on shares of ITE Group plc in a report on Thursday, July 13th. Finally, Canaccord Genuity restated a hold rating and set a GBX 166 ($2.19) target price on shares of ITE Group plc in a report 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. ITE Group plc presently has a consensus rating of Hold and an average price target of GBX 172 ($2.27).

ITE Group plc (ITE) opened at GBX 191.25 ($2.52) on Thursday. ITE Group plc has a twelve month low of GBX 127.28 ($1.68) and a twelve month high of GBX 196.50 ($2.59).

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ITE Group plc Company Profile

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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