Eleco (LON:ELCO) Lowered to Hold Rating by Canaccord Genuity Group

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

Eleco Price Performance

ELCO opened at GBX 229.06 on Friday. The firm has a market cap of £191.22 million, a P/E ratio of 143.16 and a beta of 0.74. The firm has a 50-day moving average of GBX 128.37 and a 200 day moving average of GBX 125.32. The company has a debt-to-equity ratio of 3.78, a quick ratio of 1.23 and a current ratio of 1.00. Eleco has a fifty-two week low of GBX 101 and a fifty-two week high of GBX 230.

Eleco Company Profile

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