The firm has a 50-day moving average of GBX 314.23 and a 200 day moving average of GBX 319.22.
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Luxury clothing brand Burberry Group PLC (LON:BRBY) received a little boost from Credit Suisse, with the Swiss Bank nudging its price target for the stock up to 1150p from 1000p.
In a research report sent to investors and clients on today, Peel Hunt maintained their Buy rating on IQE PLC (LON:IQE)’s stock.
Following Peel Hunt’s latest price target of 360 on the business this highlights that the broker now believes there is a decrease of -5.76% from Beazley PLC’s current share price of 382. They now have a GBX 280 ($3.71) price objective on the stock. The company’s market capitalization is GBX 476.77 million.
A number of other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of National Express Group PLC from GBX 362 ($4.80) to GBX 397 ($5.26) and gave the company an “overweight” rating in a research note on Friday, July 1st. Morgan Stanley raised shares of SSP Group PLC to an “equal weight” rating and lifted their price target for the company from GBX 300 ($3.98) to GBX 320 ($4.24) in a report on Thursday, May 19th. The average target price is 264.33GBX with one analyst rating the company a strong buy, three firms rating the stock a buy, six analyts rating the stock a hold, four analysts rating the stock to underperform, and lastly two brokeragesrating the company as sell. The stock has an average rating of “Hold” and a consensus price target of GBX 212.45 ($2.82). This represents a yield of 0.81%.
In related news, insider Jones, Glyn purchased 100,000 shares of the stock in a transaction on Thursday, June 30th. This is a positive change from SSP Group PLC’s previous dividend of $2.20.
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Drax Group Plc is engaged in the electricity generation; electricity supply to business customers, and manufacturing of sustainable compressed wood pellets for use in electricity production. The Company operates a range of outlets from quick service to fine dining.
