IP Group Plc 29% Potential Upside Indicated by Jefferies International

Broker Ratings
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IP Group Plc using EPIC/TICKER code (LON:IPO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Jefferies International. IP Group Plc are listed in the Financials sector within UK Main Market. Jefferies International have set a target price of 80 GBX on its stock. This now indicates the analyst believes there is a possible upside of 29.0% from today’s opening price of 62 GBX. Over the last 30 and 90 trading days the company share price has increased 12.05 points and decreased 12 points respectively. The 1 year high for the stock price is 83.7 GBX while the 52 week low for the share price is 41.45 GBX.

IP Group Plc has a 50 day moving average of 55.53 GBX and a 200 Day Moving Average share price is recorded at 63.21. There are currently 1,062,353,734 shares in issue with the average daily volume traded being 1,168,670. Market capitalisation for LON:IPO is £680,902,913 GBP.

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