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ITE Group plc 27.3% Potential Upside Indicated by Numis

ITE Group plc using EPIC/TICKER code (LON:ITE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Numis. ITE Group plc are listed in the Consumer Services sector within UK Main Market. Numis have set a target price of 113 GBX on its stock. This now indicates the analyst believes there is a possible upside of 27.3% from the opening price of 88.8 GBX. Over the last 30 and 90 trading days the company share price has increased 37.17 points and increased 34.9 points respectively. The 1 year high for the stock price is 122.03 GBX while the year low share price is currently 67.2 GBX.

ITE Group plc has a 50 day moving average of 59.37 GBX and the 200 Day Moving Average price is recorded at 62.52. There are currently 269,679,552 shares in issue with the average daily volume traded being 1,864,712. Market capitalisation for LON:ITE is £568,953,228 GBP.