Peel Hunt upgraded shares of EI Group (LON:EIG) to an add rating in a report issued on Tuesday, ThisIsMoney.Co.Uk reports. Peel Hunt currently has GBX 230 ($3.01) price target on the stock, up from their previous price target of GBX 215 ($2.81).
Other research analysts have also issued research reports about the company. Canaccord Genuity restated a buy rating and set a GBX 250 ($3.27) target price on shares of EI Group in a research report on Friday, March 15th. Royal Bank of Canada boosted their target price on EI Group from GBX 185 ($2.42) to GBX 220 ($2.87) and gave the company a sector performer rating in a research report on Friday, February 8th. Liberum Capital restated a buy rating on shares of EI Group in a research report on Friday, March 15th. Finally, Numis Securities restated a buy rating on shares of EI Group in a research report on Tuesday. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Buy and an average target price of GBX 223.33 ($2.92).
EIG opened at GBX 218.40 ($2.85) on Tuesday. The stock has a market capitalization of $977.24 million and a P/E ratio of 14.86. EI Group has a 12 month low of GBX 125.60 ($1.64) and a 12 month high of GBX 226.20 ($2.96). The company has a quick ratio of 0.50, a current ratio of 0.57 and a debt-to-equity ratio of 141.06.
Ei Group plc operates leased and tenanted pubs in the United Kingdom. It operates through three segments: Publican Partnerships, Commercial Properties, and Managed. The company engages in the rental of commercial properties, as well as financing and public houses management businesses. It is also involved in the sale of foods and drinks, as well as accommodation and gaming machines.
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