A statement released earlier today by Credit Suisse about Electrocomponents PLC (LON:ECM) bumps the target price to 300.00GBX
- Updated: September 19, 2016
Credit Suisse upped the estimated target of Electrocomponents PLC (LON:ECM) to 300GBX, stating a possible upside of 0.00%.
On 9/15/2016, Numis reported on Electrocomponents PLC(LON:ECM) bumped the target price from 315.00GBX to 350.00GBX that indicated a possible upside of 0.01%.
Yesterday Electrocomponents PLC (LON:ECM) traded 1.48% lower at 0.00GBX. The company’s 50-day average is 305.80GBX and its two hundred day average is 274.90GBX. With the last stock price close down 25.50% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. Trading volume was up over the average, with 1,849,858 shares of ECM changing hands over the typical 624,174 shares..
See Graph Below:
Electrocomponents PLC has a 52 week low of 167.55GBX and a one-year high of 356.80GBX with a P/E ratio of 69. ECM’s total market value is presently 0.0 GBX.
In addition to Credit Suisse reporting it’s target price, a total of 9 equity analysts have reported on the company. The consensus target price is 267.67GBX with one firm rating the stock a strong buy, one firm rating the company a buy, seven analyts rating the stock a hold, 0 rating the company to underperform, and lastly one brokeragerating the company as sell.
General Information About Electrocomponents PLC (LON:ECM)
Electrocomponents plc is a service distributor. The Company’s segments include Northern Europe, Southern Europe, Central Europe, Asia Pacific (APAC) and Emerging Markets, and North America. Its Northern Europe’s hub is the United Kingdom, with associated local markets in Denmark, Norway, Sweden and Republic of Ireland. Its Southern Europe’s hub is France, with associated local markets in Italy, Spain and Portugal. Its Central Europe’s hub is Germany, with associated local markets in Austria, Switzerland, the Netherlands, Belgium, Poland, Hungary and the Czech Republic. Its North America’s hub is the United States of America, with an associated local market in Canada. Its Asia Pacific and Emerging Markets has a hub in Hong Kong and local markets in Japan, Australia, New Zealand, Singapore, Malaysia, Philippines, Thailand, Taiwan, People’s Republic of China, South Korea, Chile, South Africa. Its product categories include semiconductors, and and Automation and Control.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.