Manolete Partners (LON:MANO) Stock Rating Reaffirmed as “Buy” by Canaccord Genuity Group

Manolete Partners (LON:MANO – Get Free Report)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a report issued on Wednesday, Digital Look reports. They presently have a GBX 67 target price on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 86.11% from the company’s previous close.

Manolete Partners Stock Down 2.7%

LON:MANO opened at GBX 36 on Wednesday. The business’s fifty day moving average price is GBX 39.14 and its 200 day moving average price is GBX 42.06. The firm has a market capitalization of £15.83 million, a price-to-earnings ratio of 14.63 and a beta of 0.59. Manolete Partners has a 1-year low of GBX 32 and a 1-year high of GBX 92. The company has a current ratio of 7.43, a quick ratio of 6.25 and a debt-to-equity ratio of 30.06.

Manolete Partners Company Profile

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Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.

Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.

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