Eleco Plc (LON:ELCO – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 135.42 and traded as high as GBX 144.22. Eleco shares last traded at GBX 144.22, with a volume of 626,109 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group lifted their price objective on Eleco from GBX 176 to GBX 196 and gave the company a “buy” rating in a research note on Tuesday, January 27th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 196.
Eleco Trading Down 1.0%
About Eleco
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