Canaccord Genuity Group Reiterates Buy Rating for Elixirr International (LON:ELIX)

Key Points

• Canaccord Genuity Group reiterated its Buy rating on Elixirr International and set a GBX 1,275 price target, implying 133.52% upside from the prior close. Berenberg also maintained a Buy rating with a GBX 1,060 target.
• Elixirr’s consensus rating remains Buy, with an average price target of GBX 1,167.50 from the two analysts covering the stock.
• Shares opened at GBX 546, while the company reported quarterly EPS of GBX 37.50, a 15.00% return on equity, and a 13.17% net margin. Insiders own 33.22% of the company, though an insider recently sold 6,410 shares.

Elixirr International (LON:ELIX - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Canaccord Genuity Group in a research report issued on Monday, London Stock Exchange reports. They presently have a GBX 1,275 price objective on the stock. Canaccord Genuity Group's price objective suggests a potential upside of 133.52% from the company's previous close.

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 1,060 price target on shares of Elixirr International in a research report on Monday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Elixirr International presently has a consensus rating of "Buy" and a consensus target price of GBX 1,167.50.

Elixirr International Stock Performance

Shares of ELIX opened at GBX 546 on Monday. Elixirr International has a 1 year low of GBX 532.88 and a 1 year high of GBX 905.63. The company has a debt-to-equity ratio of 23.52, a current ratio of 0.52 and a quick ratio of 1.29. The stock's fifty day moving average price is GBX 633.54 and its two-hundred day moving average price is GBX 669.82. The firm has a market cap of £270.61 million, a PE ratio of 14.69 and a beta of 0.65.

Elixirr International (LON:ELIX - Get Free Report) last announced its quarterly earnings data on Monday, September 21st. The company reported GBX 37.50 earnings per share for the quarter. Elixirr International had a return on equity of 15.00% and a net margin of 13.17%. On average, equities research analysts forecast that Elixirr International will post 44.516129 EPS for the current year.

Insider Transactions at Elixirr International

In other news, insider Nick Willott sold 6,410 shares of Elixirr International stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of GBX 680, for a total transaction of £43,588. Corporate insiders own 33.22% of the company's stock.

Elixirr International Company Profile

Elixirr is a global consulting firm with a bold ambition: to become the best consulting firm in the world. Founded in 2009 to challenge a declining industry standard, we've grown from a single vision into a powerhouse of entrepreneurial talent. We partner with businesses around the world to deliver transformational results, from boardroom strategy through to execution, powered by the technology of tomorrow. We do this in a way that's anything but traditional – helping our clients change the game in their industries, just as we are changing the game in ours.

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