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Premier Farnell (LON:PFL)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday, American Banking News.com reports. They currently have a GBX 240 ($3.95) price target on the stock. Deutsche Bank’s price target indicates a potential upside of 2.52% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Nplus1 Brewin reiterated a “sell” rating on shares of Premier Farnell in a research note to investors on Friday. They now have a GBX 220 ($3.62) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Premier Farnell in a research note to investors on Friday. They now have a GBX 250 ($4.12) price target on the stock. Finally, analysts at N+1 Singer reiterated a “sell” rating on shares of Premier Farnell in a research note to investors on Friday. They now have a GBX 220 ($3.62) price target on the stock. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 241.28 ($3.98).

Shares of Premier Farnell (LON:PFL) opened at 216.00 on Friday. Premier Farnell has a 52-week low of GBX 189.00 and a 52-week high of GBX 247.70. The stock’s 50-day moving average is GBX 224.7 and its 200-day moving average is GBX 224.0. The company’s market cap is £791.5 million.

Premier Farnell plc markets and distributes electronic, maintenance, repair and operations products and specialist services throughout Europe, North America and Asia Pacific.

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