Iomart Group (IOM) PT Raised to GBX 415

Iomart Group (LON:IOM) had its price objective upped by analysts at FinnCap from GBX 400 ($5.38) to GBX 415 ($5.59) in a research note issued to investors on Tuesday. The firm currently has a “corporate” rating on the stock. FinnCap’s price target suggests a potential upside of 9.14% from the stock’s previous close.

Several other equities research analysts have also issued reports on the stock. N+1 Singer reissued a “buy” rating and issued a GBX 427 ($5.75) price objective on shares of Iomart Group in a research report on Tuesday. Peel Hunt reiterated a “buy” rating and issued a GBX 405 ($5.45) price objective on shares of Iomart Group in a research report on Monday. Finally, Shore Capital reissued a “buy” rating on shares of Iomart Group in a research report on Friday, September 29th.

Iomart Group (IOM) traded up GBX 10 ($0.13) during trading hours on Tuesday, hitting GBX 380.25 ($5.12). 98,204 shares of the stock were exchanged, compared to its average volume of 148,377. Iomart Group has a 12 month low of GBX 280 ($3.77) and a 12 month high of GBX 394.75 ($5.31).

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Iomart Group Company Profile

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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