Rating Summary: London: ITE Group PLC (LON:ITE)’s Stock Had Its “Hold” Rating Restated at Peel Hunt in Report Issued Today. Has GBX 150.00 Target

November 29, 2016 - By Richard Conner

ITE Group PLC (LON:ITE) Rating

In a research report made public on Tuesday morning, ITE Group PLC (LON:ITE) stock had its “Hold” Rating maintained by stock research analysts at Peel Hunt. They currently have a GBX 150.00 PT on firm. Peel Hunt’s target would suggest a potential upside of 3.89% from the company’s close price.

ITE Group plc (LON:ITE) Ratings Coverage

Out of 5 analysts covering ITE Group PLC (LON:ITE), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. GBX 230 is the highest target while GBX 145 is the lowest. The GBX 165 average target is 10.78% above today’s (GBX 148.94) stock price. ITE Group PLC has been the topic of 32 analyst reports since October 1, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Wednesday, December 16 by Peel Hunt. The firm has “Hold” rating given on Thursday, October 6 by Peel Hunt. The firm has “Buy” rating by Numis Securities given on Monday, May 9. The firm has “Buy” rating given on Monday, April 4 by Peel Hunt. Canaccord Genuity maintained the stock with “Hold” rating in Tuesday, December 1 report. Investec maintained it with “Buy” rating and GBX 160 target price in Thursday, January 28 report. Numis Securities maintained the stock with “Buy” rating in Monday, October 3 report. Canaccord Genuity maintained the shares of ITE in a report on Sunday, October 4 with “Hold” rating. The stock has “Hold” rating given by Canaccord Genuity on Thursday, January 28. Canaccord Genuity maintained it with “Hold” rating and GBX 164 target price in Tuesday, November 3 report.

About 201,404 shares traded hands. ITE Group plc (LON:ITE) has declined 2.90% since April 29, 2016 and is downtrending. It has underperformed by 8.16% the S&P500.

ITE Group PLC is a United Kingdom-based company, which is engaged in organizing business-to-business exhibitions and conferences. The company has a market cap of 390.42 million GBP. The Firm specializes in organizing events in growing and developing markets. It has a 14.65 P/E ratio. The Firm organizes around 240 exhibitions and conferences across the world with events and brands in different industry sectors.

Another recent and important ITE Group plc (LON:ITE) news was published by Rttnews.com which published an article titled: “ITE Group Q4 revenues flat; backs weak revenue forecast for FY16 – Quick Facts” on October 03, 2016.

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