Eleco’s (ELCO) Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Eleco (LON:ELCOFree Report) in a research report sent to investors on Thursday morning,Digital Look reports. The brokerage currently has a GBX 205 target price on the stock.

Eleco Trading Up 16.1%

Shares of LON ELCO opened at GBX 133.50 on Thursday. Eleco has a 1 year low of GBX 101 and a 1 year high of GBX 179. The stock has a market cap of £111.45 million, a P/E ratio of 83.44 and a beta of 0.72. The firm has a 50-day moving average of GBX 121.99 and a 200 day moving average of GBX 126.48. The company has a debt-to-equity ratio of 3.78, a current ratio of 1.00 and a quick ratio of 1.23.

Eleco (LON:ELCOGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported GBX 6.30 EPS for the quarter. The business had revenue of GBX 3,882 million for the quarter. Eleco had a net margin of 3.39% and a return on equity of 4.16%. As a group, sell-side analysts expect that Eleco will post 6 EPS for the current fiscal year.

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