Equities research analysts at Jefferies Group LLC began coverage on shares of Ricardo plc (LON:RCDO) in a research note issued to investors on Monday. The firm set a “buy” rating and a GBX 1,043 ($13.47) price target on the stock. Jefferies Group LLC’s price objective indicates a potential upside of 37.60% from the company’s previous close.
RCDO has been the topic of several other reports. Peel Hunt reissued an “add” rating and set a GBX 1,019 ($13.16) price target on shares of Ricardo plc in a report on Thursday, July 6th. Berenberg Bank reissued a “hold” rating on shares of Ricardo plc in a report on Wednesday, September 6th. Finally, Liberum Capital reissued a “buy” rating and set a GBX 875 ($11.30) price target on shares of Ricardo plc in a report on Thursday, July 6th.
Shares of Ricardo plc (LON:RCDO) opened at 758.00 on Monday. Ricardo plc has a 52-week low of GBX 691.00 and a 52-week high of GBX 1,040.00. The stock’s market capitalization is GBX 400.98 million. The firm has a 50-day moving average price of GBX 735.69 and a 200-day moving average price of GBX 825.34.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Stock Observer and is the property of of Stock Observer. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.thestockobserver.com/2017/09/13/ricardo-plc-rcdo-now-covered-by-jefferies-group-llc.html.
Ricardo plc Company Profile
Ricardo plc is a holding company engaged in engineering and strategic, technical and environmental consultancy business. The Company’s operating segments include Technical Consulting and Performance Products. Its Technical Consulting segment is engaged in the delivery of engineering programs and technology projects, together with environmental and management consultancy services.
Receive News & Ratings for Ricardo plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ricardo plc and related companies with MarketBeat.com's FREE daily email newsletter.