Raspberry Pi (LON:RPI) Stock Rating Reaffirmed as “Buy” by Jefferies Financial Group

Raspberry Pi (LON:RPI – Get Free Report)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a research report issued on Friday, Digital Look reports. They currently have a GBX 960 price objective on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 42.64% from the company’s current price.

Other equities research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Raspberry Pi from GBX 550 to GBX 650 and gave the stock a “hold” rating in a report on Tuesday, June 16th. Berenberg Bank reiterated a “hold” rating and set a GBX 670 price target on shares of Raspberry Pi in a report on Friday. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Raspberry Pi currently has a consensus rating of “Hold” and an average target price of GBX 760.

View Our Latest Report on RPI

Raspberry Pi Price Performance

Raspberry Pi stock opened at GBX 673 on Friday. The business has a 50 day moving average of GBX 625.02 and a 200-day moving average of GBX 642.73. The company has a market capitalization of £1.30 billion, a P/E ratio of 61.18 and a beta of 0.45. Raspberry Pi has a 1 year low of GBX 253.80 and a 1 year high of GBX 1,082.

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Raspberry Pi Company Profile

(Get Free Report)

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.

Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.

That’s not all we do.

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