Electrocomponents (LON:ECM) had its price target increased by Liberum Capital from GBX 1,100 ($14.37) to GBX 1,170 ($15.29) in a report issued on Thursday, Analyst Price Targets reports. The firm currently has a buy rating on the stock.
Separately, JPMorgan Chase & Co. boosted their target price on Electrocomponents from GBX 1,103 ($14.41) to GBX 1,219 ($15.93) and gave the stock an overweight rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. Electrocomponents has an average rating of Hold and an average target price of GBX 788.45 ($10.30).
ECM stock opened at GBX 1,081 ($14.12) on Thursday. The firm has a market cap of £5.08 billion and a P/E ratio of 37.40. The company has a debt-to-equity ratio of 47.57, a quick ratio of 1.12 and a current ratio of 1.87. Electrocomponents has a 1 year low of GBX 9.86 ($0.13) and a 1 year high of GBX 1,081 ($14.12). The stock has a 50-day simple moving average of GBX 990.83 and a 200-day simple moving average of GBX 876.52.
Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in Northern Europe, Southern Europe, Central Europe, the Asia Pacific, and the Americas. It provides industrial interconnect and test industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.
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