Peel Hunt reaffirmed their buy rating on shares of Iomart Group Plc (LON:IOM) in a research report released on Friday. The brokerage currently has a GBX 315 ($4.11) price objective on the stock.

Separately, FinnCap reissued a corporate rating and issued a GBX 360 ($4.70) price target on shares of Iomart Group Plc in a report on Friday.

Shares of Iomart Group Plc (LON:IOM) traded up 0.585% during midday trading on Friday, reaching GBX 279.625. 109,362 shares of the company’s stock were exchanged. Iomart Group Plc has a 12-month low of GBX 210.00 and a 12-month high of GBX 320.00. The stock’s market capitalization is GBX 298.68 million. The firm has a 50-day moving average of GBX 296.14 and a 200-day moving average of GBX 278.30.

In other news, insider Haran,Sarah sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 31st. The shares were sold at an average price of GBX 295 ($3.85), for a total value of £8,850 ($11,552.02). Also, insider Logan,Richard bought 4,000 shares of the company’s stock in a transaction dated Friday, August 26th. The stock was bought at an average cost of GBX 306 ($3.99) per share, with a total value of £12,240 ($15,977.03).

About Iomart Group Plc

iomart Group plc (iomart) is a United Kingdom-based company. The Company is engaged in provision of cloud computing and managed hosting services. The Group specializes in the design, delivery and management of business-critical hosting services. The Company operates in two segments: Easyspace and Hosting.

Receive News & Ratings for Iomart Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iomart Group Plc and related companies with's FREE daily email newsletter.