Draper Esprit’s (GROW) “Buy” Rating Reiterated at Numis Securities

Draper Esprit (LON:GROW)‘s stock had its “buy” rating restated by Numis Securities in a report issued on Thursday. They presently have a GBX 480 ($6.51) price objective on the stock. Numis Securities’ target price would indicate a potential upside of 12.41% from the company’s current price.

Shares of Draper Esprit (LON GROW) traded up GBX 33 ($0.45) on Thursday, reaching GBX 427 ($5.79). The company’s stock had a trading volume of 279,850 shares, compared to its average volume of 1,061. The firm has a market capitalization of $299.25 and a price-to-earnings ratio of 928.26. Draper Esprit has a one year low of GBX 318 ($4.31) and a one year high of GBX 422 ($5.72).

Draper Esprit (LON:GROW) last released its earnings results on Tuesday, October 24th. The company reported GBX 29 ($0.39) earnings per share for the quarter. The business had revenue of GBX 131 million for the quarter. Draper Esprit had a return on equity of 19.73% and a net margin of 85.50%.

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About Draper Esprit

Draper Esprit plc, formerly Ingleby (1994 plc), is a United Kingdom-based company, which focuses to raise capital through a listing on Alternative Investment Market (AIM) in order to pursue a direct purchase of a regulated venture capital management business and an associated portfolio of investments.

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