Analyst Activity – Jefferies Group LLC Initiates Coverage On IP Group Plc (LON:IPO) With a Hold

Analyst Ratings For IP Group Plc (LON:IPO)

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Today, Jefferies Group LLC initiated coverage on IP Group Plc (LON:IPO) with a Hold with a price target of GBX 169.

There are 1 hold rating, 4 buy ratings on the stock.

The current consensus rating on IP Group Plc (LON:IPO) is Buy (Score: 2.80) with a consensus target price of GBX 218.67 per share, a potential .

Some recent analyst ratings include

  • 2/28/2017-Jefferies Group LLC initiated coverage with a Hold rating.
  • 2/6/2017-Numis Securities Ltd Reiterated Rating of Buy.
  • 1/19/2017-Canaccord Genuity Reiterated Rating of Buy.
  • 12/19/2016-Beaufort Securities Reiterated Rating of Buy.

    About IP Group Plc (LON:IPO)
    IP Group plc (IP Group) is a United Kingdom-based intellectual property commercialization company. The Company develops intellectual property-based businesses. The Company operates through three business segments: University partnership business, Venture capital fund management and In-licensing activity. The Company’s University partnership business segment is engaged in the commercialization of intellectual property through the formation of long-term partner relationships with universities. The Company’s Venture capital fund management segment is engaged in the management of venture funds focusing on the United Kingdom’s early stage technology companies. The Company’s In-licensing activity segment is engaged in the in-licensing of drugable intellectual property from research institutions. The Company’s portfolio includes holdings in approximately 90 early stage businesses across over four main sectors, which include biotech, cleantech, healthcare and technology.

    Recent Trading Activity for IP Group Plc (LON:IPO)
    Shares of IP Group Plc closed the previous trading session at 159.00 down -3.40 -2.09% with 180,756 shares trading hands.

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