EI Group PLC (EIG) Receives GBX 163.33 Consensus Price Target from Brokerages

Shares of EI Group PLC (LON:EIG) have been given an average rating of “Buy” by the six ratings firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 163.33 ($2.18).

Several equities analysts have commented on EIG shares. Peel Hunt reiterated an “add” rating and issued a GBX 165 ($2.21) price objective on shares of EI Group in a report on Wednesday, October 25th. Numis Securities reiterated a “buy” rating and issued a GBX 200 ($2.67) price objective on shares of EI Group in a report on Tuesday, December 5th. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 140 ($1.87) price objective on shares of EI Group in a report on Tuesday, November 21st.

In related news, insider Neil Smith sold 33,424 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of GBX 144 ($1.93), for a total transaction of £48,130.56 ($64,354.27).

EI Group (LON EIG) opened at GBX 143.20 ($1.91) on Wednesday. EI Group has a fifty-two week low of GBX 121.25 ($1.62) and a fifty-two week high of GBX 153 ($2.05). The company has a market cap of $686.60 and a price-to-earnings ratio of 1,432.00.

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EI Group Company Profile

Ei Group plc, formerly Enterprise Inns plc, is a leased and tenanted pub company in the United Kingdom. The Company includes a portfolio of businesses comprising a range of operating models and trading styles. Its businesses include Ei Publican Partnerships, Ei Commercial Properties, Ei Managed Operations and Ei Managed Investments.

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