ProCook Group (LON:PROC) Given Buy Rating at Canaccord Genuity Group

ProCook Group (LON:PROCGet Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group in a note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 62 target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 44.66% from the stock’s previous close.

ProCook Group Stock Performance

Shares of PROC stock traded up GBX 4.26 on Wednesday, reaching GBX 42.86. The stock had a trading volume of 206,616 shares, compared to its average volume of 42,942. The stock has a market cap of £45.20 million, a P/E ratio of 38.27 and a beta of 0.75. The company has a debt-to-equity ratio of 417.35, a quick ratio of 0.36 and a current ratio of 0.81. The company has a 50 day simple moving average of GBX 36.28 and a 200 day simple moving average of GBX 34.78. ProCook Group has a 1 year low of GBX 26.90 and a 1 year high of GBX 48.

ProCook Group Company Profile

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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.

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