Canaccord Genuity Group Increases Ecora Resources (LON:ECOR) Price Target to GBX 155

Ecora Resources (LON:ECOR) had its price target boosted by Canaccord Genuity Group from GBX 150 to GBX 155 in a research report issued on Wednesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price points to a potential upside of 63.35% from the company’s current price.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 120 price objective on shares of Ecora Resources in a research report on Tuesday, September 30th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 137.50.

Ecora Resources Stock Performance

Shares of Ecora Resources stock opened at GBX 94.89 on Wednesday. The stock has a market cap of £236.32 million, a PE ratio of -7.91, a price-to-earnings-growth ratio of 0.12 and a beta of 0.62. The business has a fifty day simple moving average of GBX 82.06 and a 200-day simple moving average of GBX 69.34. The company has a quick ratio of 2.08, a current ratio of 0.60 and a debt-to-equity ratio of 22.68. Ecora Resources has a 12 month low of GBX 48 and a 12 month high of GBX 99.80.

Ecora Resources Company Profile

Ecora Resources is a leading royalty company focused on supporting the supply of commodities essential to creating
a sustainable future. The company is listed on both the London and Toronto Stock Exchange.
Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a
sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy.