Draper Esprit (LON:GROW) Given Buy Rating at Peel Hunt

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Peel Hunt reaffirmed their buy rating on shares of Draper Esprit (LON:GROW) in a research note released on Thursday morning, LSE.Co.UK reports. The firm currently has a GBX 630 ($8.23) target price on the stock.

Separately, Peel Hunt reiterated a buy rating and issued a GBX 630 ($8.23) target price on shares of Draper Esprit in a report on Thursday.

Shares of Draper Esprit stock traded down GBX 4 ($0.05) on Thursday, reaching GBX 472 ($6.17). 46,737 shares of the company’s stock were exchanged, compared to its average volume of 5,036. The company has a market capitalization of $386.87 million and a P/E ratio of 4.29. Draper Esprit has a 52 week low of GBX 405 ($5.29) and a 52 week high of GBX 625 ($8.17). The firm’s 50-day moving average is GBX 455.54 and its two-hundred day moving average is GBX 483.23.

Draper Esprit Company Profile

Draper Esprit plc, formerly known as Ingleby (1994) plc, is a private equity and venture capital firm specializing in any stage in the lifecycle of a business from seed and series A stage, growth capital to pre-IPO investments, late stage, cross-stage investments, buyouts, PIPES, and also makes direct and secondary investments in portfolio companies.

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