IP Group Plc (IPO) Receives Average Recommendation of "Buy" from Brokerages

Lloyd Doyle
December 10, 2017

Deutsche Bank now has a hold rating on the stock.

Several other equities research analysts have also issued reports on SSE. Numis Securities Ltd restated a buy rating and issued a GBX 200 ($2.58) price objective on shares of EI Group PLC in a report on Tuesday, May 16th. Peel Hunt reissued a "buy" rating on shares of Compass Group in a research note on Monday, September 4th. Finally, Canaccord Genuity restated a buy rating and issued a GBX 160 ($2.07) price objective on shares of EI Group PLC in a report on Thursday, February 9th. Berenberg Bank increased their price target on Forterra from GBX 320 ($4.31) to GBX 340 ($4.58) and gave the company a buy rating in a research note on Tuesday, August 8th.

Forterra (FORT) opened at GBX 284.35 ($3.83) on Wednesday. The company presently has a consensus rating of Buy and an average price target of GBX 1,895.50 ($25.51). EI Group PLC has a one year low of GBX 71.50 and a one year high of GBX 149.75.


Compass Group (LON:CPG) last released its quarterly earnings results on Tuesday, November 21st. SSE had a net margin of 6.57% and a return on equity of 40.09%. The stock's market capitalization is GBX 661.19 million.

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Ashtead Group plc is an equipment rental company. The Company's segments include Networks, which consists of electricity distribution, electricity transmission and gas distribution; Retail, which consists of energy supply, enterprise and energy-related services, and Wholesale, which consists of energy portfolio management and electricity generation, gas storage and gas production. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure. The Company operates in the United States, the United Kingdom and Canada.

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