Berenberg Bank initiated coverage on shares of Luceco (LON:LUCE - Get Free Report) in a report issued on Tuesday, Marketbeat reports. The firm set a "buy" rating and a GBX 160 ($2.15) price target on the stock. Berenberg Bank's price target suggests a potential upside of 26.20% from the stock's current price.
Luceco Trading Down 0.2%
Shares of LUCE traded down GBX 0.22 ($0.00) during midday trading on Tuesday, hitting GBX 126.78 ($1.71). The stock had a trading volume of 103,502 shares, compared to its average volume of 198,459. Luceco has a 1 year low of GBX 108.26 ($1.46) and a 1 year high of GBX 168.02 ($2.26). The firm has a market cap of £203.83 million, a PE ratio of 10.68, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.18 and a quick ratio of 1.51. The stock's 50 day moving average is GBX 141.88 and its 200 day moving average is GBX 140.85.
Luceco Company Profile
(
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Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.
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