Iomart Group’s (IOM) Buy Rating Reiterated at N+1 Singer

Iomart Group (LON:IOM)‘s stock had its “buy” rating reiterated by investment analysts at N+1 Singer in a research note issued to investors on Tuesday. They presently have a GBX 427 ($5.75) target price on the stock. N+1 Singer’s target price would suggest a potential upside of 13.34% from the company’s current price.

IOM has been the topic of several other reports. Peel Hunt reiterated a “buy” rating and issued a GBX 388 ($5.22) target price on shares of Iomart Group in a research note on Monday, September 4th. FinnCap reiterated a “corporate” rating and issued a GBX 400 ($5.38) target price on shares of Iomart Group in a research note on Thursday, November 9th. Finally, Shore Capital reiterated a “buy” rating on shares of Iomart Group in a research note on Friday, September 29th.

Shares of Iomart Group (LON IOM) opened at GBX 376.75 ($5.07) on Tuesday. Iomart Group has a 52 week low of GBX 270.25 ($3.64) and a 52 week high of GBX 380 ($5.11).

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About Iomart Group

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.

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