Eleco (LON:ELCO) Price Target Raised to GBX 196 at Canaccord Genuity Group

Eleco (LON:ELCOGet Free Report) had its price objective boosted by Canaccord Genuity Group from GBX 176 to GBX 196 in a research report issued on Tuesday, MarketBeat reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 35.17% from the stock’s previous close.

Eleco Stock Performance

ELCO stock traded up GBX 13 during trading on Tuesday, hitting GBX 145. 401,311 shares of the company’s stock traded hands, compared to its average volume of 101,002. The stock has a market capitalization of £120.02 million, a price-to-earnings ratio of 32.22 and a beta of 0.82. Eleco has a 52 week low of GBX 106.36 and a 52 week high of GBX 182.40. The stock has a fifty day moving average price of GBX 131.42 and a two-hundred day moving average price of GBX 149.54. The company has a quick ratio of 1.23, a current ratio of 1.01 and a debt-to-equity ratio of 4.79.

Eleco Company Profile

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