Inspired Energy (LON:INSE) Earns “Buy” Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of Inspired Energy (LON:INSE) in a report published on Tuesday, LSE.Co.UK reports. The firm currently has a GBX 25 ($0.33) price target on the stock.

INSE has been the subject of several other research reports. Peel Hunt reiterated a buy rating and set a GBX 25 ($0.33) price target on shares of Inspired Energy in a research note on Tuesday. Shore Capital reiterated a house stock rating on shares of Inspired Energy in a research note on Tuesday.

INSE opened at GBX 17.25 ($0.23) on Tuesday. The company has a market cap of $123.16 million and a PE ratio of 28.75. The stock has a 50-day moving average of GBX 14.71 and a 200-day moving average of GBX 16.79. Inspired Energy has a 52-week low of GBX 8.58 ($0.11) and a 52-week high of GBX 21.05 ($0.28). The company has a debt-to-equity ratio of 63.95, a quick ratio of 2.01 and a current ratio of 2.01.

In other Inspired Energy news, insider Richard Logan bought 115,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was purchased at an average price of GBX 1,690 ($22.23) per share, for a total transaction of £1,943,500 ($2,556,564.06).

About Inspired Energy

Inspired Energy PLC, together with its subsidiaries, provides energy advisory and procurement consultancy services to corporate and SME energy users in the United Kingdom. It offers energy procurement, market analysis, bureau, historical audit, energy management, renewable energy project, public sector procurement, water deregulation, and site operation services, as well as ESOS, a technology-driven solution.

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