Peel Hunt Reaffirms Add Rating for ITE Group (ITE)

ITE Group (LON:ITE)‘s stock had its “add” rating reiterated by stock analysts at Peel Hunt in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Separately, Numis Securities restated a “buy” rating on shares of ITE Group in a report on Wednesday, May 1st.

LON:ITE opened at GBX 74.30 ($0.97) on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.86 and a debt-to-equity ratio of 40.74. ITE Group has a twelve month low of GBX 55.40 ($0.72) and a twelve month high of GBX 95.40 ($1.25). The stock has a market cap of $549.16 million and a price-to-earnings ratio of -46.44.

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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