ProCook Group’s (PROC) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of ProCook Group (LON:PROC) in a research report released on Wednesday, Marketbeat.com reports. The brokerage currently has a GBX 54 price target on the stock.

ProCook Group Price Performance

Shares of LON PROC opened at GBX 35 on Wednesday. The company has a fifty day moving average price of GBX 33.92 and a 200 day moving average price of GBX 37.75. The firm has a market cap of £36.91 million, a PE ratio of 41.18 and a beta of 1.12. The company has a current ratio of 0.93, a quick ratio of 0.36 and a debt-to-equity ratio of 301.33. ProCook Group has a 1-year low of GBX 20 and a 1-year high of GBX 48.

ProCook Group Company Profile

ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through an expanding network of over 60 own-brand retail stores, located across the UK.

Founded over 25 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 600 colleagues, and operating from its Store Support Centre in Gloucester.