Electrocomponents (ECM) Rating Reiterated by Numis Securities

Numis Securities restated their buy rating on shares of Electrocomponents (LON:ECM) in a report released on Thursday morning, ThisIsMoney.Co.Uk reports.

Several other brokerages have also issued reports on ECM. Jefferies Financial Group reiterated a buy rating on shares of Electrocomponents in a report on Tuesday, April 9th. UBS Group reiterated a buy rating on shares of Electrocomponents in a report on Friday, April 5th. Berenberg Bank reiterated a buy rating on shares of Electrocomponents in a report on Friday, April 5th. Shore Capital reiterated a sell rating on shares of Electrocomponents in a report on Thursday, April 4th. Finally, Liberum Capital reiterated a buy rating and set a GBX 810 ($10.58) price target on shares of Electrocomponents in a report on Thursday, April 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 721.88 ($9.43).

Shares of LON ECM opened at GBX 619.80 ($8.10) on Thursday. Electrocomponents has a one year low of GBX 478.40 ($6.25) and a one year high of GBX 779.20 ($10.18). The stock has a market cap of $2.75 billion and a price-to-earnings ratio of 16.71. The company has a debt-to-equity ratio of 48.92, a current ratio of 1.84 and a quick ratio of 1.09.

About Electrocomponents

Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in Northern Europe, Southern Europe, Central Europe, the Asia Pacific, and the Americas. The company distributes semiconductor products, including microcontrollers, voltage regulators, transistors, and diodes; and interconnectors, passives, and electromechanical components, such as resistors, switches, and heavy-duty connectors for industrial applications and power supplies.

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Analyst Recommendations for Electrocomponents (LON:ECM)

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