Numis Securities Reiterates “Buy” Rating for Luceco (LUCE)
Luceco (LON:LUCE)‘s stock had its “buy” rating reaffirmed by Numis Securities in a research report issued to clients and investors on Friday, LSE.Co.UK reports. They presently have a GBX 125 ($1.63) price target on the stock. Numis Securities’ target price indicates a potential upside of 3.82% from the company’s previous close.
LUCE opened at GBX 120.40 ($1.57) on Friday. The stock has a market capitalization of $189.09 million and a PE ratio of 133.78. The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 88.35. Luceco has a 12 month low of GBX 32.10 ($0.42) and a 12 month high of GBX 95.50 ($1.25).
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