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

Raspberry Pi (LON:RPI)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a report issued on Friday, September 25th, Digital Look reports. They presently have a GBX 960 price objective on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 33.98% from the stock’s previous close.

A number of other analysts also recently issued reports on RPI. Deutsche Bank Aktiengesellschaft raised their price target on shares of Raspberry Pi from GBX 550 to GBX 650 and gave the company a “hold” rating in a report on Tuesday, June 16th. Berenberg Bank restated a “hold” rating and issued a GBX 670 target price on shares of Raspberry Pi in a report on Friday, September 25th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Raspberry Pi has an average rating of “Hold” and a consensus target price of GBX 760.

Raspberry Pi Price Performance

LON RPI traded up GBX 30.50 during trading hours on Friday, hitting GBX 716.50. The company’s stock had a trading volume of 450,609 shares, compared to its average volume of 2,045,517. Raspberry Pi has a 12 month low of GBX 253.80 and a 12 month high of GBX 1,082. The company’s 50 day simple moving average is GBX 623.04 and its two-hundred day simple moving average is GBX 655.86. The company has a market cap of £1.39 billion, a P/E ratio of 65.14 and a beta of 0.45.

About Raspberry Pi

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.