Eleco Plc (LON:ELCO – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 122.04 and traded as high as GBX 130. Eleco shares last traded at GBX 126, with a volume of 91,287 shares trading hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 205 target price on shares of Eleco in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 205.
View Our Latest Stock Report on ELCO
Eleco Price Performance
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