IP Group Plc 57.2% Potential Upside Indicated by Berenberg

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 Berenberg. IP Group Plc are listed in the Financials sector within UK Main Market. Berenberg have set their target price at 100 GBX on its stock. This is indicating the analyst believes there is a potential upside of 57.2% from today’s opening price of 63.6 GBX. Over the last 30 and 90 trading days the company share price has increased 10.6 points and decreased 4 points respectively. The 52 week high share price is 83.7 GBX while the year low share price is currently 41.45 GBX.

IP Group Plc has a 50 day moving average of 56.40 GBX and the 200 Day Moving Average price is recorded at 63.30. There are currently 1,062,353,734 shares in issue with the average daily volume traded being 1,222,659. Market capitalisation for LON:IPO is £657,596,977 GBP.

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