Angling Direct (LON:ANG) Given New GBX 67 Price Target at Canaccord Genuity Group

Angling Direct (LON:ANG) had its price target increased by Canaccord Genuity Group from GBX 60 to GBX 67 in a research report released on Tuesday, Marketbeat reports. The brokerage currently has a buy rating on the stock.

Angling Direct Stock Up 5.0%

Shares of LON ANG opened at GBX 55.68 on Tuesday. Angling Direct has a 12-month low of GBX 33.40 and a 12-month high of GBX 60. The stock has a market cap of £40.65 million, a PE ratio of 3,025.82 and a beta of 1.43. The company has a current ratio of 2.61, a quick ratio of 1.50 and a debt-to-equity ratio of 32.63. The company has a 50-day moving average of GBX 49.03 and a 200 day moving average of GBX 44.62.

Angling Direct (LON:ANG) last announced its quarterly earnings data on Tuesday, October 7th. The company reported GBX 2.91 earnings per share (EPS) for the quarter. Angling Direct had a net margin of 1.94% and a return on equity of 4.14%. As a group, sell-side analysts predict that Angling Direct will post 1.9191919 EPS for the current fiscal year.

About Angling Direct

Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK, with an established and growing presence in Europe. Headquartered in Norfolk UK, the Company sells fishing tackle products and related equipment through its network of approximately 50 UK retail stores, as well as through its leading digital platform (www.anglingdirect.co.uk) and the MyAD Fishing Club app.