Luceco (LON:LUCE - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Berenberg Bank in a research note issued to investors on Monday, MarketBeat.com reports. They currently have a GBX 160 price objective on the stock. Berenberg Bank's price objective indicates a potential upside of 25.98% from the company's current price.
Luceco Trading Down 1.6%
LON LUCE traded down GBX 2 during mid-day trading on Monday, reaching GBX 127. 652,317 shares of the stock were exchanged, compared to its average volume of 193,423. Luceco has a 1-year low of GBX 108.26 and a 1-year high of GBX 168.02. The business's fifty day simple moving average is GBX 129.49 and its 200 day simple moving average is GBX 136.13. The stock has a market capitalization of £191.22 million, a PE ratio of 1,336.84, a PEG ratio of 0.62 and a beta of 1.29. The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.51 and a current ratio of 2.18.
Luceco (LON:LUCE - Get Free Report) last announced its earnings results on Tuesday, September 9th. The company reported GBX 5.90 earnings per share (EPS) for the quarter. Luceco had a net margin of 8.41% and a return on equity of 19.86%. On average, research analysts anticipate that Luceco will post 12.5907591 earnings per share for the current fiscal year.
About Luceco
(
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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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