IDOX (LON:IDOX – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a research note issued to investors on Friday, Marketbeat.com reports. They currently have a GBX 90 ($1.16) target price on the stock. Canaccord Genuity Group’s price target points to a potential upside of 54.11% from the company’s previous close.
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 81 ($1.05) price objective on shares of IDOX in a research report on Tuesday, January 28th.
Check Out Our Latest Research Report on IDOX
IDOX Trading Up 2.8 %
IDOX (LON:IDOX – Get Free Report) last released its earnings results on Tuesday, January 28th. The company reported GBX 2.63 ($0.03) EPS for the quarter. IDOX had a return on equity of 7.18% and a net margin of 6.82%. Research analysts forecast that IDOX will post 2.7173913 earnings per share for the current fiscal year.
About IDOX
IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.
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