Peel Hunt restated their add rating on shares of Ricardo plc (LON:RCDO) in a research note issued to investors on Thursday morning. They currently have a GBX 845 ($11.03) target price on the stock.

Ricardo plc (LON:RCDO) opened at 916.50 on Thursday. The company’s market capitalization is GBX 481.16 million. The firm’s 50-day moving average price is GBX 807.32 and its 200 day moving average price is GBX 811.80. Ricardo plc has a 12-month low of GBX 645.00 and a 12-month high of GBX 941.00.

The company also recently disclosed a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 20th will be given a dividend of GBX 13.03 ($0.17) per share. This is an increase from Ricardo plc’s previous dividend of $5.07. This represents a yield of 1.49%. The ex-dividend date of this dividend is Thursday, October 20th.

In related news, insider Morgan,Terry purchased 5,000 shares of the stock in a transaction dated Wednesday, July 6th. The stock was bought at an average cost of GBX 698 ($9.11) per share, for a total transaction of £34,900 ($45,555.41). Also, insider Persson,Malin purchased 1,500 shares of the stock in a transaction dated Thursday, June 30th. The shares were bought at an average price of GBX 764 ($9.97) per share, with a total value of £11,460 ($14,958.88).

About Ricardo plc

Ricardo plc is a United kingdom-based company engaged in engineering and strategic, technical and environmental consultancy business. The Company’s operating segments include Technical Consulting and Performance Products. The Technical Consulting segment provides services in relation to the development and implementation of engineering and environmental projects and in relation to management and operational consultancy.

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