Peel Hunt announced Iomart Group PLC (LON:IOM), upholding its stock price target at 315.00GBX today
- Updated: September 29, 2016
Yesterday Iomart Group PLC (LON:IOM) traded 2.97% higher at 0.00GBX. The company’s 50-day moving average is 297.00GBX and its 200-day moving average is 278.18GBX. The last closing price is down -0.43% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 60,538 shares of the stock were exchanged, down from an average trading volume of 88,330
In a report announced on 09/30/2016 Peel Hunt hold steady the target of Iomart Group PLC (LON:IOM) from 315.00GBX to 315.00GBX indicating a possible upside of 0%.
Previously on 08/15/2016, finnCap reported on Iomart Group PLC (LON:IOM) held steady the target price at 360.00GBX. At the time, this indicated a possible upside of 0.18%.
With a total market value of 0 GBX, Iomart Group PLC has price-earnings ratio of 27.16 with a one year low of 210.00GBX and a one year high of 320.00GBX .
A total of 4 equity analysts have released a research note on IOM. Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 318.00GBX.
More About Iomart Group PLC (LON:IOM)
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. The Cloud Services segment provides managed cloud computing facilities and services, through a network of owned datacenters, to the larger SME and corporate markets. The Cloud Services segment uses various routes to market and provides managed hosting services through iomart Hosting, RapidSwitch, Melbourne, iomart Cloud Services, Redstation, Backup Technology, ServerSpace and SystemsUp. Its products include CloudSure Hosting Solutions, Managed Services, Storage, Network and Control Panel. It provides Infrastructure as a Service platform and EMC Avamar Cloud Backup for LabVantage Solutions, Inc., a global laboratory informatics provider.
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