Promethean Plc Price Target Increased to GBX 30 by Analysts at Investec (PRW)
Research analysts at Investec raised their price target on shares of Promethean Plc (LON:PRW) from GBX 25 ($0.41) to GBX 30 ($0.49) in a report released on Tuesday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. Investec’s price target suggests a potential upside of 5.96% from the company’s current price.
Shares of Promethean Plc (LON:PRW) traded up 13.82% on Tuesday, hitting GBX 28.3124. The stock had a trading volume of 1,230,582 shares. Promethean Plc has a 52-week low of GBX 12.00 and a 52-week high of GBX 29.00. The stock has a 50-day moving average of GBX 20.38 and a 200-day moving average of GBX 18.05. The company’s market cap is £56.4 million.
Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Promethean Plc in a research note to investors on Friday, October 25th. They now have a GBX 21 ($0.34) price target on the stock.
Promethean World Plc (LON:PRW) and its subsidiary undertakings are engaged in the supply of education technology solutions, including the design, manufacture and supply of electronic equipment, interactive whiteboards, interactive assessment technologies and a range of complementary audio-visual equipment and educational software.
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