Janet Ryan Purchases 3,706 Shares of Luceco (LON:LUCE) Stock

Luceco plc (LON:LUCE) insider Janet Ryan bought 3,706 shares of the stock in a transaction on Wednesday, July 1st. The shares were bought at an average price of GBX 270 per share, with a total value of £10,006.20.

Luceco Stock Down 0.4%

Shares of LON LUCE opened at GBX 270.91 on Wednesday. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 60.83. The stock has a market capitalization of £398.76 million, a PE ratio of 20.22, a price-to-earnings-growth ratio of 0.62 and a beta of 1.34. The stock’s fifty day simple moving average is GBX 250.83 and its two-hundred day simple moving average is GBX 190.86. Luceco plc has a 12-month low of GBX 111.60 and a 12-month high of GBX 291.

Analyst Ratings Changes

Several research firms have issued reports on LUCE. Berenberg Bank lifted their target price on Luceco from GBX 200 to GBX 270 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Luceco from GBX 225 to GBX 260 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 320 price target on shares of Luceco in a report on Tuesday, June 16th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 260.

About Luceco

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands. The company also provides LED lighting products, such as residential and commercial, interior and exterior, mains and solar, and work and site lighting products under the Luceco, Kingfisher Lighting, and DW Windsor brand names; and portable power products comprising electric vehicle chargers, extension leads, cable reels, and adapters and accessories under the Masterplug, Ross, and Sync EV brands.