Inspired Energy PLC (LON:INSE) had its price target lowered by investment analysts at Canaccord Genuity from GBX 35 ($0.45) to GBX 32 ($0.41) in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 48.84% from the company’s previous close.
Several other equities analysts also recently weighed in on INSE. Peel Hunt began coverage on Inspired Energy PLC in a research report on Wednesday, August 30th. They set a “buy” rating and a GBX 25 ($0.32) target price on the stock. Shore Capital reissued a “house stock” rating on shares of Inspired Energy PLC in a research report on Tuesday, June 20th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Inspired Energy PLC has an average rating of “Buy” and a consensus target price of GBX 26 ($0.34).
Shares of Inspired Energy PLC (LON:INSE) opened at 21.50 on Monday. The stock’s market cap is GBX 104.61 million. The stock’s 50 day moving average price is GBX 20.65 and its 200-day moving average price is GBX 17.83. Inspired Energy PLC has a 1-year low of GBX 11.60 and a 1-year high of GBX 20.62.
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Inspired Energy PLC Company Profile
Inspired Energy PLC provides energy purchasing and energy consultancy services to corporate, and small and medium-sized enterprise (SME) energy users. The Company’s segments include The Corporate division (Corporate), The SME division (SME) and PLC costs. The Corporate segment includes operations of Inspired Energy Solutions Limited, Direct Energy Purchasing Limited, Wholesale Power UK Limited and STC Energy and Carbon Holdings Limited.
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