Shares of Learning Technologies Group PLC (LON:LTG) hit a new 52-week high during mid-day trading on Monday after Canaccord Genuity raised their price target on the stock from GBX 80 to GBX 100. Canaccord Genuity currently has a buy rating on the stock. Learning Technologies Group traded as high as GBX 88 ($1.22) and last traded at GBX 87.80 ($1.21), with a volume of 3414729 shares. The stock had previously closed at GBX 81.60 ($1.13).
Separately, Numis Securities raised their price objective on Learning Technologies Group from GBX 90 ($1.24) to GBX 101 ($1.40) and gave the stock a “buy” rating in a research report on Monday.
In related news, insider Piers Lea sold 3,000,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of GBX 75 ($1.04), for a total transaction of £2,250,000 ($3,108,593.53).
The company has a market capitalization of $476.46 and a price-to-earnings ratio of -8,560.00.
COPYRIGHT VIOLATION WARNING: This news story was first posted by Stock Observer and is the sole property of of Stock Observer. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The correct version of this news story can be accessed at https://www.thestockobserver.com/2018/03/21/learning-technologies-group-ltg-hits-new-52-week-high-after-analyst-upgrade.html.
About Learning Technologies Group
Learning Technologies Group plc (LTG) is a United Kingdom-based holding company. The Company is engaged in the provision of e-learning services. The Company is engaged in the production of interactive multimedia programs. The Company’s portfolio includes LEO, a learning technologies firm, the multi-device authoring tool gomo learning, games with purpose company Preloaded and Eukleia, and an e-learning provider to the financial services sector.
Receive News & Ratings for Learning Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Learning Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.