Iomart’s (IOM) Buy Rating Reiterated at Peel Hunt

Iomart (LON:IOM)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a research report issued to clients and investors on Wednesday, April 4th.

Other equities analysts also recently issued research reports about the company. N+1 Singer restated a “buy” rating and issued a GBX 465 ($6.66) target price on shares of Iomart in a research note on Thursday, March 29th. Shore Capital restated a “buy” rating on shares of Iomart in a research note on Thursday, March 29th. Finally, FinnCap restated a “corporate” rating and issued a GBX 415 ($5.94) target price on shares of Iomart in a research note on Thursday, March 29th.

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Shares of LON IOM traded up GBX 6 ($0.09) during midday trading on Wednesday, reaching GBX 365 ($5.23). The company’s stock had a trading volume of 109,967 shares, compared to its average volume of 113,357. Iomart has a 12-month low of GBX 280 ($4.01) and a 12-month high of GBX 420 ($6.01). The company has a market capitalization of $404.98 and a PE ratio of 3,041.67.

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About Iomart

iomart Group Plc provides managed cloud services in the United Kingdom and internationally. It operates through three segments: Easyspace; Clould Services; and Non-Recurring. The Easyspace segment offers a range of domain names, shared, dedicated and virtual servers, and email services to micro and SME markets.

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