Iomart Group (IOM) Given “Buy” Rating at Shore Capital

Shore Capital reiterated their buy rating on shares of Iomart Group (LON:IOM) in a report published on Tuesday morning.

Several other research firms have also issued reports on IOM. FinnCap reissued a corporate rating on shares of Iomart Group in a research report on Tuesday, October 2nd. Peel Hunt reissued a buy rating on shares of Iomart Group in a research report on Monday, October 1st.

LON IOM opened at GBX 329.31 ($4.30) on Tuesday. Iomart Group has a 12-month low of GBX 280 ($3.66) and a 12-month high of GBX 420 ($5.49).

The firm also recently declared a dividend, which will be paid on Thursday, January 31st. Stockholders of record on Thursday, December 20th will be given a GBX 2.45 ($0.03) dividend. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, December 20th.

Iomart Group Company Profile

iomart Group Plc provides managed cloud services in the United Kingdom and internationally. It operates through two segments, Cloud Services and Easyspace. The company offers a range of domain names, shared, dedicated and virtual servers, and email services to micro and SME markets. It also provides managed cloud computing facilities and services through a network of owned datacenters to larger SME and corporate markets.

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