Shares of Eleco Plc (LON:ELCO – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 126.52 and traded as low as GBX 125. Eleco shares last traded at GBX 130, with a volume of 88,749 shares traded.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 205 target price on shares of Eleco in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 205.
Eleco Price Performance
About Eleco
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