Deutsche Bank initiated coverage of IP Group with a Buy rating and 100 GBp price target. The firm does not expect a major improvement in market conditions this year, but with the shares trading at a significant discount to net asset value it sees good value.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IPZYF: