IDOX (LON:IDOX) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of IDOX (LON:IDOX) in a research note released on Friday, MarketBeat.com reports. They currently have a GBX 90 ($1.16) price target on the stock.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 81 ($1.05) price target on shares of IDOX in a research note on Tuesday, January 28th.

IDOX Price Performance

IDOX stock opened at GBX 58.40 ($0.75) on Friday. IDOX has a 52-week low of GBX 53.31 ($0.69) and a 52-week high of GBX 69 ($0.89). The firm has a market capitalization of £267.06 million, a price-to-earnings ratio of 48.20, a PEG ratio of 3.15 and a beta of 0.38. The company has a fifty day simple moving average of GBX 60.41 and a 200-day simple moving average of GBX 60.97. The company has a quick ratio of 1.00, a current ratio of 0.70 and a debt-to-equity ratio of 30.03.

IDOX (LON:IDOX) last posted its earnings results on Tuesday, January 28th. The company reported GBX 2.63 ($0.03) EPS for the quarter. IDOX had a net margin of 6.82% and a return on equity of 7.18%. On average, equities analysts anticipate that IDOX will post 2.7173913 EPS for the current fiscal year.

IDOX Company Profile

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.