Inspired Energy PLC (INSE) Stock Rating Reaffirmed by Panmure Gordon
Inspired Energy PLC (LON:INSE)‘s stock had its “buy” rating reiterated by Panmure Gordon in a research note issued on Thursday. They currently have a GBX 19 ($0.25) target price on the stock. Panmure Gordon’s price objective points to a potential upside of 35.71% from the stock’s current price.
INSE has been the topic of a number of other research reports. Shore Capital reaffirmed a “house stock” rating on shares of Inspired Energy PLC in a research note on Tuesday, August 30th. Beaufort Securities reaffirmed a “speculative buy” rating on shares of Inspired Energy PLC in a research note on Wednesday, August 31st.
Shares of Inspired Energy PLC (LON:INSE) opened at 13.865 on Thursday. The firm has a 50-day moving average price of GBX 13.38 and a 200 day moving average price of GBX 13.13. Inspired Energy PLC has a 52 week low of GBX 11.00 and a 52 week high of GBX 15.00. The stock’s market cap is GBX 65.84 million.
The business also recently announced a dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Thursday, September 8th will be given a dividend of GBX 0.13 ($0.00) per share. This represents a dividend yield of 0.95%. The ex-dividend date is Thursday, September 8th.
In related news, insider Mark Dickinson bought 344,827 shares of the business’s stock in a transaction dated Thursday, September 29th. The shares were purchased at an average price of GBX 15 ($0.20) per share, with a total value of £51,724.05 ($67,516.06).
About Inspired Energy PLC
Inspired Energy PLC provides energy purchasing and energy consultancy services to corporate, and small and medium-sized enterprise (SME) energy users. The Company’s segments include The Corporate division (Corporate), The SME division (SME) and PLC costs. The Corporate segment includes operations of Inspired Energy Solutions Limited, Direct Energy Purchasing Limited, Wholesale Power UK Limited and STC Energy and Carbon Holdings Limited.
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