Learning Technologies Group PLC’s (LON:LTG) Buy Rating Reiterated at Canaccord Genuity

Learning Technologies Group PLC (LON:LTG)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity in a research note issued to investors on Friday. They currently have a GBX 54 ($0.71) price target on the stock. Canaccord Genuity’s price target suggests a potential upside of 19.01% from the company’s previous close.

Separately, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 55 ($0.72) target price on shares of Learning Technologies Group PLC in a research note on Wednesday, April 5th.

Learning Technologies Group PLC (LON:LTG) opened at 48.50 on Friday. The company has a 50-day moving average of GBX 44.89 and a 200-day moving average of GBX 44.80. The company’s market cap is GBX 204.19 million. Learning Technologies Group PLC has a one year low of GBX 27.50 and a one year high of GBX 57.00.

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In other news, insider Dale Solomon sold 1,165,914 shares of the stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of GBX 44 ($0.57), for a total transaction of £513,002.16 ($669,890.52). Also, insider Harry D. Hill acquired 43,000 shares of the company’s stock in a transaction dated Monday, June 5th. The shares were bought at an average cost of GBX 46 ($0.60) per share, with a total value of £19,780 ($25,829.20).

Learning Technologies Group PLC Company Profile

Learning Technologies Group plc (LTG) is a United Kingdom-based holding company. The Company is engaged in the provision of e-learning services. The Company is engaged in the production of interactive multimedia programs. The Company’s portfolio includes LEO, a learning technologies firm, the multi-device authoring tool gomo learning, games with purpose company Preloaded and Eukleia, and an e-learning provider to the financial services sector.