Numis Securities Reaffirms Buy Rating for EI Group (EIG)

Numis Securities reaffirmed their buy rating on shares of EI Group (LON:EIG) in a research report report published on Thursday morning. They currently have a GBX 200 ($2.80) price objective on the stock.

Other analysts also recently issued reports about the stock. Liberum Capital reiterated a hold rating and issued a GBX 140 ($1.96) target price on shares of EI Group in a report on Thursday. Peel Hunt reiterated a buy rating and issued a GBX 165 ($2.31) target price on shares of EI Group in a report on Thursday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of Buy and an average target price of GBX 168 ($2.36).

EI Group (LON:EIG) traded down GBX 8.60 ($0.12) during midday trading on Thursday, hitting GBX 126.20 ($1.77). 2,828,485 shares of the company were exchanged, compared to its average volume of 786,035. EI Group has a twelve month low of GBX 122.25 ($1.71) and a twelve month high of GBX 153 ($2.15). The company has a market cap of $612.19 and a P/E ratio of 1,262.00.

In other news, insider Neil Smith sold 33,424 shares of EI Group stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of GBX 144 ($2.02), for a total value of £48,130.56 ($67,485.36).

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About EI Group

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.

Analyst Recommendations for EI Group (LON:EIG)

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