Premier Farnell plc Receives Consensus Rating of “Hold” from Analysts (LON:PFL)
Premier Farnell plc (LON:PFL) has received a consensus rating of “Hold” from the fourteen analysts that are presently covering the company, American Banking and Market News reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 243.62 ($4.17).
PFL has been the subject of a number of recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Premier Farnell plc in a research note on Tuesday, July 8th. They now have a GBX 280 ($4.79) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Premier Farnell plc in a research note on Monday, June 30th. They now have a GBX 225 ($3.85) price target on the stock.
Premier Farnell plc (LON:PFL) traded up 1.18% during mid-day trading on Monday, hitting GBX 196.90. The stock had a trading volume of 74,087 shares. Premier Farnell plc has a 1-year low of GBX 192.20 and a 1-year high of GBX 247.70. The stock has a 50-day moving average of GBX 207.4 and a 200-day moving average of GBX 220.6. The company’s market cap is £722.5 million.
Premier Farnell plc is a key partner for many electronic design engineering customers as they develop the next generation of technology and for Maintenance, Repair and Operations (LON:PFL) engineers, in its targeted industry segments such as robotics, oil and gas and 24/7 utilities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.