Jefferies Group Reaffirms hold Rating on Electrocomponents (ECM)
Electrocomponents (LON: ECM)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Wednesday. They currently have a $3.22 (200 GBX) price target on the stock.
ECM has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Electrocomponents in a research note to investors on Wednesday, October 17th. They now have a $3.30 price target on the stock. Separately, analysts at RBC Capital upgraded shares of Electrocomponents to a “sector perform” rating in a research note to investors on Tuesday, October 16th. They now have a $3.38 price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Electrocomponents in a research note to investors on Thursday, October 11th. They now have a $3.52 price target on the stock.
Shares of Electrocomponents opened at 216.80 on Wednesday. Electrocomponents has a one year low of GBX 186.10 and a one year high of GBX 267.20. The company’s market cap is £946.4 million.
Electrocomponents plc is engaged in the distribution of electronics and maintenance products. The Company also distributes electrical, industrial and commercial supplies and services to engineers worldwide, through its 32 operating companies and its distributors.
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