Brokerages Set IP Group Plc (IPO) Target Price at $220.67

Shares of IP Group Plc (LON:IPO) have been given an average recommendation of “Buy” by the six analysts that are presently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 220.67 ($2.95).

Separately, Acumen Capital reaffirmed a “buy” rating on shares of IP Group in a report on Tuesday, September 26th.

IP Group (LON:IPO) traded down GBX 0.20 ($0.00) during midday trading on Thursday, hitting GBX 136.80 ($1.83). 222,224 shares of the stock were exchanged, compared to its average volume of 1,050,000. IP Group has a twelve month low of GBX 109.10 ($1.46) and a twelve month high of GBX 200.80 ($2.68). The firm has a market capitalization of $1,450.00 and a PE ratio of 2,280.00.

WARNING: This report was originally posted by Equities Focus and is owned by of Equities Focus. If you are reading this report on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The original version of this report can be viewed at https://www.equitiesfocus.com/2018/01/07/brokerages-set-ip-group-plc-ipo-target-price-at-220-67.html.

IP Group Company Profile

IP Group plc (IP Group) is a United Kingdom-based intellectual property commercialization company. The Company develops intellectual property-based businesses. The Company operates through three business segments: University partnership business, Venture capital fund management and In-licensing activity.

Analyst Recommendations for IP Group (LON:IPO)

Receive News & Ratings for IP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IP Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply