Eleco Plc (LON:ELCO – Get Free Report)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 141.31 and traded as low as GBX 132. Eleco shares last traded at GBX 132, with a volume of 12,784 shares traded.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 176 price target on shares of Eleco in a research report on Tuesday, September 16th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 176.
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