Gooch & Housego plc Price Target Cut to GBX 740 (GHH)
Research analysts at Investec decreased their price target on shares of Gooch & Housego plc (LON:GHH) from GBX 790 ($13.44) to GBX 740 ($12.59) in a report released on Tuesday. The firm currently has a “buy” rating on the stock. Investec’s price objective would suggest a potential upside of 15.81% from the stock’s previous close.
Gooch & Housego plc (LON:GHH) traded down 0.16% on Tuesday, hitting GBX 639.00. The stock had a trading volume of 38,166 shares. Gooch & Housego plc has a one year low of GBX 450.00 and a one year high of GBX 740.00. The stock’s 50-day moving average is GBX 635.7 and its 200-day moving average is GBX 681.7.
The company also recently declared a dividend, which is scheduled for Monday, July 21st. Stockholders of record on Wednesday, June 25th will be given a dividend of GBX 2.60 ($0.04) per share. This represents a yield of 0.39%. The ex-dividend date is Wednesday, June 25th.
Other equities research analysts have also recently issued reports about the stock. Analysts at N+1 Singer upgraded shares of Gooch & Housego plc to a “buy” rating in a research note on Tuesday, June 10th. They now have a GBX 710 ($12.08) price target on the stock, up previously from GBX 695 ($11.83). Separately, analysts at FinnCap upgraded shares of Gooch & Housego plc to a “buy” rating in a research note on Tuesday, June 10th. They now have a GBX 750 ($12.76) price target on the stock, up previously from GBX 680 ($11.57).
Gooch & Housego PLC is a United Kingdom-based company engaged in the manufacturing of specialist optoelectronic components, materials and systems and specialist instrumentation and life sciences devices.
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