Eleco’s (ELCO) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Eleco (LON:ELCOFree Report) in a report published on Thursday morning,Digital Look reports. The firm currently has a GBX 205 price objective on the stock.

Eleco Stock Down 3.4%

ELCO stock opened at GBX 129 on Thursday. The stock has a market cap of £107.69 million, a PE ratio of 80.62 and a beta of 0.72. The firm’s 50-day simple moving average is GBX 121.98 and its 200 day simple moving average is GBX 126.49. Eleco has a fifty-two week low of GBX 101 and a fifty-two week high of GBX 177. The company has a quick ratio of 1.23, a current ratio of 1.00 and a debt-to-equity ratio of 3.78.

Eleco (LON:ELCOGet Free Report) last posted its earnings results on Tuesday, April 28th. The company reported GBX 6.30 earnings per share (EPS) for the quarter. The firm had revenue of GBX 3,882 million during the quarter. Eleco had a net margin of 3.39% and a return on equity of 4.16%. As a group, sell-side analysts predict that Eleco will post 6 EPS for the current year.

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