ITE Group (ITE) Rating Reiterated by Peel Hunt
Separately, Numis Securities reissued a buy rating on shares of ITE Group in a report on Wednesday, October 3rd.
Shares of ITE opened at GBX 58.80 ($0.77) on Tuesday. ITE Group has a one year low of GBX 148 ($1.93) and a one year high of GBX 197 ($2.57).
The firm also recently declared a dividend, which will be paid on Monday, February 4th. Investors of record on Thursday, January 3rd will be issued a GBX 1 ($0.01) dividend. This represents a yield of 1.7%. The ex-dividend date is Thursday, January 3rd.
In other news, insider Mark Shashoua acquired 30,000 shares of the business’s stock in a transaction on Monday, October 15th. The shares were purchased at an average price of GBX 63 ($0.82) per share, for a total transaction of £18,900 ($24,696.20). Also, insider Andrew Beach acquired 33,500 shares of the business’s stock in a transaction on Thursday, October 25th. The shares were purchased at an average price of GBX 60 ($0.78) per share, for a total transaction of £20,100 ($26,264.21). Insiders purchased 143,500 shares of company stock valued at $8,780,000 in the last three months.
About ITE Group
ITE Group plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.
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