IPT confirms recovery

Shares in Interactive Prospect Targeting took a nosedive back in March when the company put out a profit warning. Now IPT’s Lionel Thain says the issues that prevented sales from being executed properly in the first quarter of the year have been dealt with. In addition, trading levels improved in the second quarter, culminating in a particularly strong June.

Tipped here in January at 179p, with a recommendation last month to pick up more at the then ruling price of 112.5p, IPT shares have picked up to 139.5p. They remain a firm hold.