iomart Group (LON:IOM) Rating Reiterated by Shore Capital

iomart Group (LON:IOM)‘s stock had its “buy” rating reaffirmed by equities researchers at Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 185 ($2.48) target price on shares of iomart Group in a report on Monday, June 10th.

iomart Group Stock Performance

LON IOM opened at GBX 112 ($1.50) on Thursday. The company’s 50 day moving average is GBX 121.06 and its 200-day moving average is GBX 130.73. iomart Group has a 12-month low of GBX 106.52 ($1.43) and a 12-month high of GBX 166.20 ($2.23). The company has a quick ratio of 1.18, a current ratio of 1.03 and a debt-to-equity ratio of 47.08. The firm has a market cap of £125.90 million, a P/E ratio of 1,866.67 and a beta of 0.58.

About iomart Group

iomart Group plc engages in the provision of cloud hosting and managed services in the United Kingdom and internationally. It operates in two segments, Cloud Services and Easyspace. The Cloud Services segment offers managed cloud computing facilities and services, such as colocation data centre and disaster recovery services through a network of owned data centres, to the larger SME and corporate markets.