Iomart Group (IOM) Rating Reiterated by N+1 Singer

Iomart Group (LON:IOM)‘s stock had its “buy” rating reaffirmed by analysts at N+1 Singer in a research note issued on Thursday. They presently have a GBX 465 ($6.42) target price on the stock. N+1 Singer’s target price would suggest a potential upside of 27.40% from the company’s current price.

IOM has been the subject of several other research reports. Peel Hunt upped their target price on shares of Iomart Group from GBX 405 ($5.60) to GBX 440 ($6.08) and gave the company a “buy” rating in a report on Wednesday, January 3rd. Shore Capital restated a “buy” rating on shares of Iomart Group in a report on Tuesday, December 5th. Finally, FinnCap upped their target price on shares of Iomart Group from GBX 400 ($5.53) to GBX 415 ($5.73) and gave the company a “corporate” rating in a report on Tuesday, December 5th.

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Shares of LON:IOM opened at GBX 365 ($5.04) on Thursday. Iomart Group has a 52 week low of GBX 280 ($3.87) and a 52 week high of GBX 420 ($5.80). The company has a market capitalization of $404.98 and a price-to-earnings ratio of 3,041.67.

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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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