Eleco (LON:ELCO) Rating Lowered to “Hold” at Canaccord Genuity Group

Eleco (LON:ELCOGet Free Report) was downgraded by Canaccord Genuity Group to a “hold” rating in a research note issued to investors on Friday, London Stock Exchange reports. They presently have a GBX 235 price target on the stock, up from their previous price target of GBX 205. Canaccord Genuity Group’s price target would suggest a potential upside of 2.59% from the stock’s previous close.

Eleco Trading Up 0.0%

LON:ELCO opened at GBX 229.06 on Friday. The company has a debt-to-equity ratio of 3.78, a quick ratio of 1.23 and a current ratio of 1.00. The firm has a market cap of £191.22 million, a price-to-earnings ratio of 143.16 and a beta of 0.74. Eleco has a 52 week low of GBX 101 and a 52 week high of GBX 230. The firm has a 50-day moving average price of GBX 128.37 and a two-hundred day moving average price of GBX 125.32.

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