Gooch & Housego (LON:GHH) Given New GBX 740 Price Target at Deutsche Bank Aktiengesellschaft

Gooch & Housego (LON:GHH - Get Free Report) had its price objective raised by Deutsche Bank Aktiengesellschaft from GBX 625 ($8.39) to GBX 740 ($9.94) in a research note issued to investors on Friday, Marketbeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price suggests a potential upside of 18.59% from the company's current price.

Gooch & Housego Trading Up 2.0%

Shares of Gooch & Housego stock traded up GBX 12 ($0.16) during trading hours on Friday, reaching GBX 624 ($8.38). 22,896 shares of the company's stock were exchanged, compared to its average volume of 49,904. Gooch & Housego has a 52-week low of GBX 352 ($4.73) and a 52-week high of GBX 660.37 ($8.87). The firm has a market capitalization of £158.01 million, a price-to-earnings ratio of 144.43 and a beta of 0.96. The company has a fifty day moving average of GBX 561.98 and a 200-day moving average of GBX 478.79. The company has a current ratio of 3.19, a quick ratio of 1.66 and a debt-to-equity ratio of 29.92.

Gooch & Housego (LON:GHH - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The company reported GBX 15 ($0.20) earnings per share for the quarter. Gooch & Housego had a return on equity of 1.02% and a net margin of 0.78%. Sell-side analysts forecast that Gooch & Housego will post 40.9691418 EPS for the current fiscal year.

About Gooch & Housego

Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.