Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Luceco (LON:LUCE) Stock Price

Luceco (LON:LUCE) had its target price lifted by Deutsche Bank Aktiengesellschaft from GBX 220 to GBX 225 in a report issued on Thursday morning, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Separately, Berenberg Bank boosted their price objective on shares of Luceco from GBX 175 to GBX 200 and gave the stock a “buy” rating in a research note on Wednesday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Luceco has a consensus rating of “Buy” and a consensus target price of GBX 205.

Luceco Stock Down 0.6%

LUCE stock opened at GBX 172 on Thursday. The company has a market cap of £258.98 million, a price-to-earnings ratio of 18.49, a P/E/G ratio of 0.62 and a beta of 1.38. Luceco has a twelve month low of GBX 111.60 and a twelve month high of GBX 186.80. The business has a 50 day moving average price of GBX 162.68 and a two-hundred day moving average price of GBX 142.64. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 53.61.

Luceco (LON:LUCE) last announced its quarterly earnings data on Wednesday, March 25th. The company reported GBX 15 earnings per share (EPS) for the quarter. Luceco had a return on equity of 20.71% and a net margin of 7.48%. Analysts anticipate that Luceco will post 12.5907591 EPS for the current fiscal year.

Trending Headlines about Luceco

Here are the key news stories impacting Luceco this week:

• Positive Sentiment: Deutsche Bank raised its price target to GBX 225 and kept a “buy” rating, signaling stronger broker confidence in Luceco’s outlook. Digital Look – Deutsche Bank note
• Positive Sentiment: Berenberg also upgraded its target to GBX 200 and maintains a “buy” stance, adding further analyst support for upside. TickerReport – Berenberg note
• Positive Sentiment: Operational momentum: Luceco reported 11.9% revenue growth driven by EV charger demand and said its energy-transition offering is gaining traction — a key driver cited for upgraded guidance. Investing.com – Revenue growth
• Positive Sentiment: Management upgraded profit guidance and highlighted continued momentum in energy-transition products, reinforcing the view that growth is sustainable. InsiderMedia – Guidance upgrade
• Positive Sentiment: Double-digit growth and a raised annual dividend were announced, which supports income and growth-oriented investor demand. SharePrices – Dividend & growth
• Neutral Sentiment: Quarterly results: Luceco reported GBX 15 EPS for the quarter, a net margin of 5.53% and ROE of 15.22%. Management’s slides and conference call are available for detail — useful for assessing whether upgrades are already baked into forecasts. Slide deck & call transcript
• Negative Sentiment: Balance-sheet/valuation watch: the stock trades with a P/E around 18.5 and the group shows a debt-to-equity ratio near 89%, which could limit upside if margins or cash conversion slip. MarketBeat – Company metrics

Luceco Company Profile

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.