Luceco (LON:LUCE) Given New GBX 225 Price Target at Deutsche Bank Aktiengesellschaft

Luceco (LON:LUCE) had its target price boosted by Deutsche Bank Aktiengesellschaft from GBX 220 to GBX 225 in a note issued to investors on Thursday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 31.58% from the company’s current price.

Separately, Berenberg Bank upped their price target on Luceco from GBX 175 to GBX 200 and gave the stock a “buy” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Luceco presently has a consensus rating of “Buy” and a consensus price target of GBX 205.

Luceco Stock Performance

Luceco stock opened at GBX 171 on Thursday. Luceco has a fifty-two week low of GBX 111.60 and a fifty-two week high of GBX 186.80. The stock’s 50 day simple moving average is GBX 161.89 and its two-hundred day simple moving average is GBX 142.43. The company has a debt-to-equity ratio of 89.03, a quick ratio of 1.51 and a current ratio of 2.25. The stock has a market cap of £257.47 million, a price-to-earnings ratio of 18.39, a PEG ratio of 0.62 and a beta of 1.38.

Luceco (LON:LUCE) last announced its earnings results on Wednesday, March 25th. The company reported GBX 15 earnings per share (EPS) for the quarter. Luceco had a return on equity of 15.22% and a net margin of 5.53%. As a group, analysts expect that Luceco will post 12.5907591 earnings per share for the current fiscal year.

Key Luceco News

Here are the key news stories impacting Luceco this week:

• Positive Sentiment: Management upgraded profit guidance citing continued momentum in its energy-transition product range (EV chargers and related kit), signalling better-than-expected near-term profitability. Insider Media: Luceco upgrades profit guidance
• Positive Sentiment: Group revenue grew 11.9% year-on-year, with management highlighting EV charger demand as a key growth driver — improving top-line visibility in a structural market. Investing.com: Revenue growth driven by EV charger demand
• Positive Sentiment: Company reported double-digit growth and has raised its annual dividend — a sign of cash generation and management confidence that typically supports the share price. SharePrices: Double-digit growth and dividend raise
• Positive Sentiment: Berenberg raised its price target from GBX 175 to GBX 200 and reiterated a “buy” rating, providing an independent broker endorsement that can attract investor demand. Digital Look: Broker rating update
• Positive Sentiment: Quarterly results: Luceco reported GBX 15 EPS, a net margin of 5.53% and ROE of 15.22% — numbers that underpin the guidance upgrade and dividend move. (Slides and call available.) MarketBeat: Earnings & conference call
• Neutral Sentiment: Analyst and press coverage is generally constructive — e.g., Investors Chronicle published a positive outlook piece — but investors should still watch margins and leverage metrics for durability. Investors Chronicle: Luceco eyes a brighter future

Luceco Company Profile

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands. The company also provides LED lighting products, such as residential and commercial, interior and exterior, mains and solar, and work and site lighting products under the Luceco, Kingfisher Lighting, and DW Windsor brand names; and portable power products comprising electric vehicle chargers, extension leads, cable reels, and adapters and accessories under the Masterplug, Ross, and Sync EV brands.