Peel Hunt Reaffirms “Buy” Rating for Learning Technologies Group (LTG)

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

LTG has been the topic of a number of other research reports. Numis Securities restated a buy rating and issued a GBX 165 ($2.16) price target (up previously from GBX 132 ($1.72)) on shares of Learning Technologies Group in a research note on Tuesday, September 25th. Berenberg Bank increased their price target on Learning Technologies Group from GBX 125 ($1.63) to GBX 190 ($2.48) and gave the company a buy rating in a research note on Tuesday, September 25th.

Shares of Learning Technologies Group stock opened at GBX 87.80 ($1.15) on Wednesday. Learning Technologies Group has a 12-month low of GBX 37.50 ($0.49) and a 12-month high of GBX 88 ($1.15).

In other Learning Technologies Group news, insider Neil Elton purchased 137,152 shares of the company’s stock in a transaction that occurred on Tuesday, October 9th. The shares were acquired at an average price of GBX 128 ($1.67) per share, for a total transaction of £175,554.56 ($229,393.13). Also, insider Harry D. Hill sold 175,000 shares of the stock in a transaction on 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).

Learning Technologies Group Company Profile

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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