Barclays PLC Lowers Exova Group Plc (EXO) Price Target to GBX 220
Exova Group Plc (LON:EXO) had its target price reduced by analysts at Barclays PLC from GBX 225 ($2.79) to GBX 220 ($2.73) in a report issued on Friday. The brokerage currently has an “overweight” rating on the stock. Barclays PLC’s price target suggests a potential upside of 18.28% from the company’s current price.
Other equities analysts have also recently issued research reports about the company. Peel Hunt boosted their price objective on Exova Group Plc from GBX 170 ($2.11) to GBX 210 ($2.61) and gave the stock an “add” rating in a research report on Wednesday, August 31st. Goldman Sachs Group Inc. cut their price objective on Exova Group Plc from GBX 250 ($3.10) to GBX 240 ($2.98) and set a “buy” rating for the company in a research report on Friday. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 220 ($2.73) price objective on shares of Exova Group Plc in a research report on Thursday, November 24th. Finally, Shore Capital reissued a “buy” rating on shares of Exova Group Plc in a research report on Wednesday, August 31st. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of GBX 223 ($2.77).
Shares of Exova Group Plc (LON:EXO) opened at 189.75 on Friday. The firm’s 50-day moving average price is GBX 198.63 and its 200 day moving average price is GBX 193.10. The company’s market cap is GBX 475.13 million. Exova Group Plc has a 52 week low of GBX 123.00 and a 52 week high of GBX 215.00.
The company also recently declared a dividend, which was paid on Wednesday, November 9th. Investors of record on Thursday, October 27th were paid a dividend of GBX 1.05 ($0.01) per share. The ex-dividend date of this dividend was Thursday, October 27th. This represents a yield of 0.53%.
TRADEMARK VIOLATION WARNING: This story was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this story on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The correct version of this story can be read at http://www.dailypolitical.com/2016/11/29/barclays-plc-lowers-exova-group-plc-exo-price-target-to-gbx-220.html.
About Exova Group Plc
Exova Group plc is a United Kingdom-based provider of testing and advisory services. The Company is a laboratory-based testing company operating approximately 140 laboratories and offices in over 30 countries throughout Europe, the Americas, the Middle East and Asia/Asia Pacific. The Company’s segments include Europe, Americas and Rest of World.
Receive News & Ratings for Exova Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exova Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.