Eckoh (LON:ECK) Price Target Increased to GBX 52 by Analysts at Canaccord Genuity

Eckoh (LON:ECK) had its target price lifted by Canaccord Genuity from GBX 50 ($0.65) to GBX 52 ($0.68) in a research note issued to investors on Wednesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s price target would suggest a potential upside of 16.20% from the company’s previous close.

Separately, Berenberg Bank cut shares of Eckoh to a “hold” rating and set a GBX 45 ($0.59) target price for the company. in a research report on Friday, May 17th.

Shares of Eckoh stock traded up GBX 0.75 ($0.01) on Wednesday, hitting GBX 44.75 ($0.58). 1,772,733 shares of the company’s stock traded hands, compared to its average volume of 1,200,000. The stock has a market capitalization of $111.65 million and a price-to-earnings ratio of 63.93. Eckoh has a one year low of GBX 32.50 ($0.42) and a one year high of GBX 45.95 ($0.60). The company has a debt-to-equity ratio of 23.25, a quick ratio of 1.20 and a current ratio of 1.23.

About Eckoh

Eckoh plc, together with its subsidiaries, provides secure payment products and customer contact solutions for customer contact centers in the United Kingdom, the United States, and internationally. It offers customer engagement solutions, such as chatbots, hosted and visual interactive voice response, natural language speech recognition, and identification and verification; and Web chat, instant callback, social media agent, co-browsing, smart SMS, and external knowledge base.

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