Ricardo’s (RCDO) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Ricardo (LON:RCDO) in a research note released on Tuesday morning.

Separately, Liberum Capital lifted their target price on shares of Ricardo from GBX 1,025 ($14.39) to GBX 1,080 ($15.16) and gave the company a buy rating in a research report on Friday, January 12th.

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LON RCDO opened at GBX 936 ($13.14) on Tuesday. Ricardo has a 52-week low of GBX 691 ($9.70) and a 52-week high of GBX 1,028.18 ($14.43).

The firm also recently announced a dividend, which was paid on Friday, April 6th. Stockholders of record on Thursday, March 8th were given a dividend of GBX 5.75 ($0.08) per share. The ex-dividend date of this dividend was Thursday, March 8th. This represents a dividend yield of 0.59%.

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Ricardo Company Profile

Ricardo plc is a holding company engaged in engineering and strategic, technical and environmental consultancy business. The Company’s operating segments include Technical Consulting and Performance Products. Its Technical Consulting segment is engaged in the delivery of engineering programs and technology projects, together with environmental and management consultancy services.

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