Iomart Group (IOM) Price Target Raised to GBX 415 at FinnCap

Iomart Group (LON:IOM) had its price target increased by FinnCap from GBX 400 ($5.38) to GBX 415 ($5.59) in a research report sent to investors on Tuesday. FinnCap currently has a corporate rating on the stock.

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

Iomart Group (IOM) traded down GBX 3 ($0.04) during trading on Tuesday, reaching GBX 380 ($5.11). The company had a trading volume of 74,351 shares, compared to its average volume of 148,377. Iomart Group has a fifty-two week low of GBX 280 ($3.77) and a fifty-two week 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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