Are Analysts Bullish about IP Group Plc (LON:IPO) after last week?

December 11, 2017 - By Vivian Currie

 Are Analysts Bullish about IP Group Plc (LON:IPO) after last week?

IP Group Plc (LON:IPO) Ratings Coverage

Among 4 analysts covering IP Group PLC (LON:IPO), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. IP Group PLC had 30 analyst reports since August 5, 2015 according to SRatingsIntel. Numis Securities maintained the shares of IPO in report on Friday, October 21 with “Buy” rating. The firm has “Buy” rating by Beaufort Securities given on Monday, August 17. The firm has “Buy” rating by Beaufort Securities given on Monday, December 19. The rating was maintained by Beaufort Securities with “Buy” on Wednesday, January 13. The rating was maintained by Numis Securities with “Buy” on Thursday, September 29. The firm has “Buy” rating by Numis Securities given on Wednesday, December 21. As per Thursday, August 11, the company rating was maintained by Beaufort Securities. The rating was maintained by Numis Securities on Thursday, May 12 with “Buy”. Numis Securities maintained IP Group Plc (LON:IPO) rating on Monday, February 6. Numis Securities has “Buy” rating and GBX 279 target. Beaufort Securities maintained IP Group Plc (LON:IPO) on Monday, December 12 with “Buy” rating. Below is a list of IP Group Plc (LON:IPO) latest ratings and price target changes.

19/07/2017 Broker: Beaufort Securities Rating: Buy Maintain
21/06/2017 Broker: Jefferies Rating: Buy Old Target: GBX 175.00 New Target: GBX 175.00 Maintain

The stock decreased 0.75% or GBX 1.1 during the last trading session, reaching GBX 145.2. About 729,935 shares traded or 28.71% up from the average. IP Group Plc (LON:IPO) has 0.00% since December 11, 2016 and is . It has underperformed by 16.70% the S&P500.

IP Group Plc is a private equity and venture capital firm specializing in seed, early stage, start-up, incubation, and mature financing. The company has market cap of 1.53 billion GBP. The firm also provides seed capital financing to spin out companies from the universities. It has a 24.61 P/E ratio. It seeks to invest in the life sciences, physical sciences, energy & renewables, medical equipment and supplies, healthcare, technology, cleantech, intellectual property, pharmaceuticals & biotechnology, information technology & communications, and chemicals & materials.

More news for IP Group Plc (LON:IPO) were recently published by: Seekingalpha.com, which released: “IP-Touchstone Merger Highlights Trouble In Tech Transfer Town” on May 24, 2017. Ft.com‘s article titled: “IP Group rebuffed in £500m offer for UK rival Touchstone” and published on May 23, 2017 is yet another important article.

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