The stock of IP Group Plc (LON:IPO) is a huge mover today! The stock increased 0.70% or GBX 1 on November 24, hitting GBX 143.4. About 200,815 shares traded hands. IP Group Plc (LON:IPO) has declined 24.49% since April 27, 2016 and is downtrending. It has underperformed by 29.90% the S&P500.
The move comes after 8 months negative chart setup for the GBX 810.53M company. It was reported on Nov, 24 by Barchart.com. We have GBX 131.93 PT which if reached, will make LON:IPO worth GBX 64.84 million less.
IP Group Plc (LON:IPO) Ratings Coverage
Out of 3 analysts covering IP Group PLC (LON:IPO), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. IP Group PLC has been the topic of 19 analyst reports since August 5, 2015 according to StockzIntelligence Inc. As per Thursday, March 10, the company rating was maintained by Numis Securities. As per Tuesday, March 1, the company rating was maintained by Numis Securities. On Tuesday, January 12 the stock rating was maintained by Numis Securities with “Buy”. The rating was maintained by Numis Securities with “Buy” on Tuesday, August 9. The rating was maintained by Beaufort Securities on Tuesday, July 12 with “Buy”. Numis Securities maintained the shares of IPO in a report on Friday, July 22 with “Buy” rating. Beaufort Securities maintained the shares of IPO in a report on Monday, August 17 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, September 3. The company was maintained on Thursday, May 12 by Numis Securities. The firm has “Buy” rating by Beaufort Securities given on Friday, March 4.
Another recent and important IP Group Plc (LON:IPO) news was published by Fool.Co.Uk which published an article titled: “Is IP Group Plc A Better Buy Than Blinkx Plc, 3i Group plc And Restore PLC?” on August 05, 2015.
IP Group plc is a United Kingdom intellectual property commercialization company. The company has a market cap of 810.53 million GBP. The Firm develops intellectual property businesses. It currently has negative earnings. The Firm operates through three business divisions: University partnership business, Venture capital fund management and In-licensing activity.
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