EI Group (EIG) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reiterated their buy rating on shares of EI Group (LON:EIG) in a research note published on Tuesday.

Several other equities analysts have also recently weighed in on the company. Berenberg Bank started coverage on EI Group in a report on Wednesday, October 31st. They set a buy rating and a GBX 200 ($2.61) price objective on the stock. Liberum Capital reiterated a buy rating on shares of EI Group in a report on Friday, December 7th. Barclays lifted their price objective on EI Group from GBX 175 ($2.29) to GBX 190 ($2.48) and gave the company an overweight rating in a report on Wednesday, November 21st. Finally, Royal Bank of Canada started coverage on EI Group in a report on Tuesday, December 4th. They set a sector performer rating and a GBX 185 ($2.42) price objective on the stock. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. EI Group has a consensus rating of Buy and an average target price of GBX 205 ($2.68).

LON:EIG opened at GBX 198.20 ($2.59) on Tuesday. EI Group has a fifty-two week low of GBX 118.20 ($1.54) and a fifty-two week high of GBX 153 ($2.00).

In other news, insider W Simon Townsend bought 996 shares of the company’s stock in a transaction that occurred on Friday, December 14th. The shares were acquired at an average price of GBX 181 ($2.37) per share, with a total value of £1,802.76 ($2,355.63).

About EI Group

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.

Read More: Return on Investment (ROI) Defined, Explained

Analyst Recommendations for EI Group (LON:EIG)

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