Eleco Plc (LON:ELCO – Get Free Report) shares traded up 16.1% on Thursday . The company traded as high as GBX 133.50 and last traded at GBX 133.50. 268,517 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 183,825 shares. The stock had previously closed at GBX 115.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 205 price objective on shares of Eleco in a report on Thursday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 205.
Check Out Our Latest Research Report on Eleco
Eleco Stock Down 3.4%
Eleco (LON:ELCO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported GBX 6.30 earnings per share for the quarter. Eleco had a net margin of 3.39% and a return on equity of 4.16%. The firm had revenue of GBX 3,882 million for the quarter. Equities analysts expect that Eleco Plc will post 6 earnings per share for the current year.
About Eleco
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