Several brokerages have updated their recommendations and price targets on shares of Electrocomponents plc (LON: ECM) in the last few weeks:

  • 10/10/2017 – Electrocomponents plc had its price target raised by analysts at Credit Suisse Group from GBX 520 ($6.91) to GBX 575 ($7.64). They now have an “underperform” rating on the stock.
  • 10/3/2017 – Electrocomponents plc had its price target raised by analysts at Peel Hunt from GBX 610 ($8.11) to GBX 650 ($8.64). They now have an “add” rating on the stock.
  • 10/3/2017 – Electrocomponents plc had its price target raised by analysts at Numis Securities Ltd from GBX 660 ($8.77) to GBX 705 ($9.37). They now have an “add” rating on the stock.
  • 10/3/2017 – Electrocomponents plc had its price target raised by analysts at Liberum Capital from GBX 660 ($8.77) to GBX 680 ($9.04). They now have a “buy” rating on the stock.

Electrocomponents plc (ECM) remained flat at GBX 700.50 during trading on Tuesday. 924,395 shares of the company traded hands. Electrocomponents plc has a one year low of GBX 355.60 and a one year high of GBX 710.00. The firm’s market capitalization is GBX 3.09 billion. The company has a 50 day moving average price of GBX 645.85 and a 200 day moving average price of GBX 592.63.

Electrocomponents plc is a service distributor. The Company’s segments include Northern Europe, Southern Europe, Central Europe, Asia Pacific (APAC) and Emerging Markets, and North America. Its Northern Europe’s hub is the United Kingdom, with associated local markets in Denmark, Norway, Sweden and Republic of Ireland.

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