Numis Securities Ltd initiated coverage on shares of Luceco PLC (LON:LUCE) in a report released on Monday morning. The firm issued a buy rating and a GBX 190 ($2.36) price objective on the stock.

Shares of Luceco PLC (LON:LUCE) opened at 160.00 on Monday. The stock’s market capitalization is GBX 257.28 million. The company has a 50 day moving average of GBX 151.48 and a 200 day moving average of GBX 151.48. Luceco PLC has a 52-week low of GBX 140.00 and a 52-week high of GBX 165.33.

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