Inspired Energy PLC (INSE) Receives Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Inspired Energy PLC (LON:INSE) in a research report sent to investors on Wednesday. Peel Hunt currently has a GBX 25 ($0.33) target price on the stock.

INSE has been the topic of a number of other research reports. Canaccord Genuity cut their price target on shares of Inspired Energy PLC from GBX 35 ($0.46) to GBX 32 ($0.42) and set a buy rating on the stock in a report on Monday, September 11th. Shore Capital restated a house stock rating on shares of Inspired Energy PLC in a report on Tuesday, June 20th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Buy and an average price target of GBX 26 ($0.34).

Shares of Inspired Energy PLC (INSE) traded down 0.66% during mid-day trading on Wednesday, reaching GBX 18.75. The company’s market cap is GBX 91.23 million. The stock’s 50-day moving average is GBX 21.18 and its 200 day moving average is GBX 18.34. Inspired Energy PLC has a 1-year low of GBX 11.60 and a 1-year high of GBX 20.62.

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The business also recently disclosed a dividend, which will be paid on Tuesday, November 14th. Investors of record on Thursday, September 7th will be given a dividend of GBX 0.16 ($0.00) per share. This represents a yield of 0.77%. The ex-dividend date of this dividend is Thursday, September 7th.

Inspired Energy PLC Company Profile

Inspired Energy PLC provides energy purchasing and energy consultancy services to corporate, and small and medium-sized enterprise (SME) energy users. The Company’s segments include The Corporate division (Corporate), The SME division (SME) and PLC costs. The Corporate segment includes operations of Inspired Energy Solutions Limited, Direct Energy Purchasing Limited, Wholesale Power UK Limited and STC Energy and Carbon Holdings Limited.

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