Learning Technologies Group (LON:LTG)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research report issued on Monday, LSE.Co.UK reports. They currently have a GBX 150 ($1.96) price target on the stock. Peel Hunt’s target price suggests a potential upside of 26.90% from the stock’s current price.
Several other brokerages have also recently weighed in on LTG. Numis Securities reissued a “buy” rating on shares of Learning Technologies Group in a research note on Thursday, May 30th. Goldman Sachs Group reissued a “buy” rating on shares of Learning Technologies Group in a research note on Monday, June 3rd. Berenberg Bank reissued a “buy” rating and issued a GBX 125 ($1.63) price target on shares of Learning Technologies Group in a research note on Tuesday, June 18th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 150 ($1.96) price target on shares of Learning Technologies Group in a research note on Monday. Five research analysts have rated the stock with a buy rating, Learning Technologies Group presently has an average rating of “Buy” and a consensus target price of GBX 140.60 ($1.84).
Shares of LTG stock traded down GBX 3.80 ($0.05) on Monday, hitting GBX 118.20 ($1.54). The company had a trading volume of 6,228,327 shares, compared to its average volume of 826,947. The firm has a market cap of $815.16 million and a P/E ratio of 197.00. The stock’s 50-day moving average is GBX 115.25 and its two-hundred day moving average is GBX 89.66. The company has a debt-to-equity ratio of 22.66, a quick ratio of 0.81 and a current ratio of 0.85. Learning Technologies Group has a twelve month low of GBX 58.80 ($0.77) and a twelve month high of GBX 166.50 ($2.18).
In related news, insider Leslie-Ann Reed purchased 271,646 shares of the firm’s stock in a transaction dated Tuesday, July 23rd. The stock was bought at an average price of GBX 114 ($1.49) per share, with a total value of £309,676.44 ($404,647.12).
Learning Technologies Group Company Profile
Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and internationally. The company produces interactive multimedia programs. It also engages in mobile e-learning, bespoke e-learning, and educational games businesses, as well as e-learning interoperability, and e-learning software licensing and the provision of related services, as well as operates an employee benefit trust.
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