EI Group PLC (LON:EIG) has earned an average recommendation of “Buy” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 195 ($2.55).
Several research firms have recently commented on EIG. Liberum Capital reissued an “under review” rating on shares of EI Group in a report on Friday, September 7th. Peel Hunt reissued a “buy” rating on shares of EI Group in a report on Monday, August 6th. Numis Securities reissued a “buy” rating on shares of EI Group in a report on Friday, September 7th. Berenberg Bank began coverage on shares of EI Group in a report on Wednesday, October 31st. They issued a “buy” rating and a GBX 200 ($2.61) target price on the stock. Finally, Barclays boosted their target price on shares of EI Group from GBX 175 ($2.29) to GBX 190 ($2.48) and gave the stock an “overweight” rating in a report on Wednesday, November 21st.
LON:EIG traded up GBX 0.20 ($0.00) during trading hours on Friday, hitting GBX 184.20 ($2.41). 1,294,930 shares of the stock traded hands, compared to its average volume of 1,150,000. EI Group has a 1 year low of GBX 118.20 ($1.54) and a 1 year high of GBX 153 ($2.00).
Ei Group plc operates leased and tenanted pubs in the United Kingdom. It also engages in rental of commercial properties, as well as financing and public houses management businesses. The company operates approximately 4,638 pubs. The company was formerly known as Enterprise Inns plc and changed its name to Ei Group plc February 2017.
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