Electrocomponents (LON:ECM) Rating Reaffirmed
They currently have a GBX 185 target price on Electrocomponents (LON:ECM). The target price by RBC Capital Markets would suggest a potential downside of -19.35% from the company’s last stock close price. This has been announced to investors in a recent research report on 18 December.
From a total of 10 analysts covering Electrocomponents (LON:ECM) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 275 while the lowest target price is GBX 180. The mean of all analyst targets is GBX 204.5 with a -9.39% below today’s (GBX 229.3) stock price. Electrocomponents was the topic of 26 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Peel Hunt initiated shares on December 14 with “Reduce” rating. RBC Capital Markets maintained shares with “Underperform” rating and GBX 160 target share price in a report from a November 19. Barclays Capital maintained ECM stock in a recent report from November 25 with “Underweight” rating. UBS maintained the rating on November 19. UBS has a “Neutral” rating and a GBX 220 price target on shares. Finally, Shore Capital maintained the stock with “Sell” rating in a report issued on a November 19.
Approximately 141,231 shares of stock traded hands. Electrocomponents plc (LON:ECM) has declined 2.56% since May 21, 2015 and is downtrending. It has outperformed by 1.25% the S&P500.
Electrocomponents plc is a service distributor. The company has a market cap of 1000.00 million GBP. The Company’s operating divisions include the UK, Continental Europe, North America and Asia Pacific. It has 24.12 P/E ratio. The UK includes activities in the United Kingdom and exports to distributors.