Learning Technologies Group (LTG) Earns “Add” Rating from Peel Hunt

Peel Hunt restated their add rating on shares of Learning Technologies Group (LON:LTG) in a research report released on Friday morning.

A number of other brokerages have also recently weighed in on LTG. Numis Securities upped their price target on shares of Learning Technologies Group from GBX 130 ($1.70) to GBX 132 ($1.72) and gave the stock a buy rating in a research report on Tuesday, July 24th. Berenberg Bank upped their price target on shares of Learning Technologies Group from GBX 125 ($1.63) to GBX 190 ($2.48) and gave the stock a buy rating in a research report on Tuesday, September 25th.

LTG opened at GBX 122.94 ($1.61) on Friday. Learning Technologies Group has a 1 year low of GBX 37.50 ($0.49) and a 1 year high of GBX 88 ($1.15).

The firm also recently declared a dividend, which was paid on Friday, November 2nd. Investors of record on Thursday, October 11th were given a dividend of GBX 0.15 ($0.00) per share. The ex-dividend date was Thursday, October 11th. This represents a yield of 0.1%.

In other Learning Technologies Group news, insider Harry D. Hill sold 175,000 shares of the company’s stock in a transaction dated Tuesday, September 25th. The shares were sold at an average price of GBX 140 ($1.83), for a total value of £245,000 ($320,135.89). Also, insider Neil Elton acquired 137,152 shares of the firm’s stock in a transaction on Tuesday, October 9th. The stock was purchased at an average cost of GBX 128 ($1.67) per share, with a total value of £175,554.56 ($229,393.13).

About Learning Technologies Group

Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and internationally. The company produces interactive multimedia programs. It also engages in mobile e-learning, bespoke e-learning, and educational games businesses, as well as e-learning interoperability, and e-learning software licensing and the provision of related services, as well as operates an employee benefit trust.

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