Luceco (LON:LUCE) Given New GBX 225 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank raised its price target to GBX 225 with a "buy" rating—implying roughly a 31.6% upside—and Berenberg also lifted its target to GBX 200, leaving a consensus target of GBX 205 with three analysts at "Buy".
• Luceco reported GBX 15 EPS for the quarter, announced double‑digit growth, raised its annual dividend and upgraded profit guidance, indicating stronger near‑term profitability and cash generation.
• Group revenue grew 11.9% year‑on‑year, driven primarily by demand for EV chargers, making the energy‑transition product range a key structural growth driver for the company.

Luceco (LON:LUCE - Get Free Report) had its price target upped by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 220 to GBX 225 in a research report issued to clients and investors on Thursday, MarketBeat reports. The firm presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective would suggest a potential upside of 31.58% from the company's current price.

Separately, Berenberg Bank upped their price target on Luceco from GBX 175 to GBX 200 and gave the company a "buy" rating in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of GBX 205.

Luceco Price Performance

LUCE stock opened at GBX 171 on Thursday. The stock has a market capitalization of £257.47 million, a price-to-earnings ratio of 18.39, a PEG ratio of 0.62 and a beta of 1.38. The firm's 50-day moving average price is GBX 161.89 and its two-hundred day moving average price is GBX 142.43. The company has a current ratio of 2.25, a quick ratio of 1.51 and a debt-to-equity ratio of 89.03. Luceco has a 12-month low of GBX 111.60 and a 12-month high of GBX 186.80.

Luceco (LON:LUCE - Get Free Report) last posted its earnings results on Wednesday, March 25th. The company reported GBX 15 earnings per share for the quarter. Luceco had a net margin of 5.53% and a return on equity of 15.22%. As a group, equities analysts predict that Luceco will post 12.5907591 earnings per share for the current year.

Key Headlines Impacting Luceco

Here are the key news stories impacting Luceco this week:

• Positive Sentiment: Management upgraded profit guidance citing continued momentum in its energy-transition product range (EV chargers and related kit), signalling better-than-expected near-term profitability. Insider Media: Luceco upgrades profit guidance
• Positive Sentiment: Group revenue grew 11.9% year-on-year, with management highlighting EV charger demand as a key growth driver — improving top-line visibility in a structural market. Investing.com: Revenue growth driven by EV charger demand
• Positive Sentiment: Company reported double-digit growth and has raised its annual dividend — a sign of cash generation and management confidence that typically supports the share price. SharePrices: Double-digit growth and dividend raise
• Positive Sentiment: Berenberg raised its price target from GBX 175 to GBX 200 and reiterated a "buy" rating, providing an independent broker endorsement that can attract investor demand. Digital Look: Broker rating update
• Positive Sentiment: Quarterly results: Luceco reported GBX 15 EPS, a net margin of 5.53% and ROE of 15.22% — numbers that underpin the guidance upgrade and dividend move. (Slides and call available.) MarketBeat: Earnings & conference call
• Neutral Sentiment: Analyst and press coverage is generally constructive — e.g., Investors Chronicle published a positive outlook piece — but investors should still watch margins and leverage metrics for durability. Investors Chronicle: Luceco eyes a brighter future

About Luceco

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. The company also provides LED lighting products, such as residential and commercial, interior and exterior, mains and solar, and work and site lighting products under the Luceco, Kingfisher Lighting, and DW Windsor brand names; and portable power products comprising electric vehicle chargers, extension leads, cable reels, and adapters and accessories under the Masterplug, Ross, and Sync EV brands.

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