Jefferies Group LLC began coverage on shares of Touchstone Innovations PLC (LON:IVO) in a research note released on Tuesday morning. The brokerage issued a buy rating and a GBX 453 ($5.70) target price on the stock.

IVO has been the subject of a number of other research reports. Stifel Nicolaus reiterated a buy rating and set a GBX 480 ($6.04) price target on shares of Touchstone Innovations PLC in a research note on Monday, March 20th. Beaufort Securities reiterated a hold rating on shares of Touchstone Innovations PLC in a research note on Tuesday, November 29th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of GBX 472.50 ($5.95).

Shares of Touchstone Innovations PLC (LON:IVO) opened at 307.625 on Tuesday. Touchstone Innovations PLC has a 12 month low of GBX 275.25 and a 12 month high of GBX 484.75. The company’s market capitalization is GBX 492.92 million. The stock has a 50 day moving average price of GBX 323.01 and a 200-day moving average price of GBX 338.85.

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Touchstone Innovations PLC Company Profile

Touchstone Innovations plc, formerly Imperial Innovations Group plc, is a technology commercialization company. The Company creates, builds and invests in technology companies and licensing opportunities developed from scientific research focusing on the Golden Triangle. The Company has operations in London, Cambridge and Oxford.

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