Deutsche Bank Aktiengesellschaft Increases Raspberry Pi (LON:RPI) Price Target to GBX 550

Raspberry Pi (LON:RPI) had its target price increased by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 300 to GBX 550 in a research note issued to investors on Thursday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential downside of 24.97% from the company’s previous close.

Raspberry Pi Stock Performance

Shares of RPI traded up GBX 42 during mid-day trading on Thursday, reaching GBX 733. 1,326,619 shares of the company were exchanged, compared to its average volume of 2,659,970. The stock has a market capitalization of £1.42 billion, a PE ratio of 159.69 and a beta of 0.58. Raspberry Pi has a 52 week low of GBX 253.80 and a 52 week high of GBX 739. The business has a 50 day simple moving average of GBX 444.92 and a two-hundred day simple moving average of GBX 362.56.

Insider Transactions at Raspberry Pi

In other news, insider Eben Upton CBE acquired 7,604 shares of Raspberry Pi stock in a transaction dated Monday, February 9th. The shares were purchased at an average cost of GBX 262 per share, for a total transaction of £19,922.48. Also, insider Daniel Labbad sold 9,527 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of GBX 630, for a total value of £60,020.10. Insiders acquired a total of 27,345 shares of company stock worth $7,287,942 over the last 90 days. Corporate insiders own 1.73% of the company’s stock.

Raspberry Pi Company Profile

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.