Learning Technologies Gr (LTG) Price Target Raised to GBX 101

Learning Technologies Gr (LON:LTG) had its price target boosted by Numis Securities from GBX 90 ($1.27) to GBX 101 ($1.43) in a report released on Monday, March 19th. The firm currently has a buy rating on the stock.

Separately, Canaccord Genuity upped their target price on Learning Technologies Gr from GBX 75 ($1.06) to GBX 80 ($1.13) and gave the stock a buy rating in a research note on Monday, January 22nd.

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LTG traded up GBX 2.60 ($0.04) during midday trading on Monday, hitting GBX 88 ($1.24). The stock had a trading volume of 541,123 shares, compared to its average volume of 826,947. Learning Technologies Gr has a 1 year low of GBX 37.50 ($0.53) and a 1 year high of GBX 88 ($1.24).

The business also recently disclosed a dividend, which will be paid on Friday, July 6th. Stockholders of record on Thursday, June 7th will be paid a dividend of GBX 0.21 ($0.00) per share. This represents a dividend yield of 0.25%. The ex-dividend date of this dividend is Thursday, June 7th. This is a positive change from Learning Technologies Gr’s previous dividend of $0.09.

In related news, insider Piers Lea sold 3,000,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of GBX 75 ($1.06), for a total transaction of £2,250,000 ($3,180,212.01).

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About Learning Technologies Gr

Learning Technologies Group plc provides various e-learning services and technologies to corporate and government clients in the United Kingdom, Italy, Switzerland, Rest of Europe, the United States, 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 operates employee benefit trust.

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