Premier Farnell plc Given Consensus Rating of “Hold” by Analysts (LON:PFL)
Premier Farnell plc (LON:PFL) has been given a consensus recommendation of “Hold” by the thirteen brokerages that are currently covering the company, Analyst Ratings News reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 243.08 ($4.02).
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 29th. They now have a GBX 280 ($4.63) price target on the stock. Finally, 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 ($3.72) price target on the stock.
Shares of Premier Farnell plc (LON:PFL) opened at 195.40 on Friday. Premier Farnell plc has a 52 week low of GBX 174.60 and a 52 week high of GBX 247.70. The stock has a 50-day moving average of GBX 188.2 and a 200-day moving average of GBX 211.9. The company’s market cap is £717.0 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.
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