Electrocomponents plc Rating Reiterated by RBC Capital (ECM)
Electrocomponents plc (LON:ECM)‘s stock had its “sector performer” rating restated by stock analysts at RBC Capital in a report issued on Tuesday. They currently have a GBX 270 ($4.63) target price on the stock. RBC Capital’s price objective indicates a potential upside of 3.85% from the company’s current price.
A number of other firms have also recently commented on ECM. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Electrocomponents plc in a research note on Monday, June 30th. They now have a GBX 260 ($4.46) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Electrocomponents plc in a research note on Thursday, May 29th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 278 ($4.77).
Shares of Electrocomponents plc (LON:ECM) traded down 0.65% during mid-day trading on Tuesday, hitting GBX 258.30. 710,177 shares of the company’s stock traded hands. Electrocomponents plc has a 1-year low of GBX 243.80 and a 1-year high of GBX 371.00. The stock has a 50-day moving average of GBX 274.5 and a 200-day moving average of GBX 275.8. The company’s market cap is £1.135 billion.
Electrocomponents plc is a service distributor of electronics and maintenance products. The Company’s products include electronics, automation and control, test and measurement, electrical and support.
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