IP Group Plc 38.7% Potential Upside Indicated by Jefferies International

Broker Ratings
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IP Group Plc using EPIC/TICKER code (LON:IPO) 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 their target price at 95 GBX on its stock. This would imply the analyst believes there is now a potential upside of 38.7% from today’s opening price of 68.5 GBX. Over the last 30 and 90 trading days the company share price has increased 4.9 points and increased 16.5 points respectively. The 1 year high for the stock price is 78.8 GBX while the 52 week low is 41.45 GBX.

IP Group Plc has a 50 day moving average of 65.00 GBX and the 200 Day Moving Average price is recorded at 63.92. There are currently 1,062,353,734 shares in issue with the average daily volume traded being 2,451,683. Market capitalisation for LON:IPO is £738,854,248 GBP.

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