Peel Hunt Lowers EI Group (LON:EIG) to Hold
Peel Hunt downgraded shares of EI Group (LON:EIG) to a hold rating in a research note released on Thursday, ThisIsMoney.Co.Uk reports. They currently have GBX 285 ($3.72) price target on the stock, up from their previous price target of GBX 230 ($3.01).
Other equities analysts have also recently issued research reports about the stock. Numis Securities lowered their target price on shares of Lekoil from GBX 40 ($0.52) to GBX 22 ($0.29) and set a buy rating on the stock in a research note on Tuesday, May 14th. Berenberg Bank restated a buy rating and set a GBX 360 ($4.70) target price on shares of in a research note on Thursday, June 6th. Finally, Liberum Capital increased their price objective on shares of Sigmaroc from GBX 59 ($0.77) to GBX 63 ($0.82) and gave the stock a buy rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 235.83 ($3.08).
EIG opened at GBX 284.20 ($3.71) on Thursday. The company has a quick ratio of 1.19, a current ratio of 1.32 and a debt-to-equity ratio of 137.30. The company has a market cap of $1.25 billion and a PE ratio of 30.56. The company’s 50-day moving average is GBX 204.83. EI Group has a 52-week low of GBX 147.80 ($1.93) and a 52-week high of GBX 289 ($3.78).
Ei Group plc operates leased and tenanted pubs in the United Kingdom. It operates through three segments: Publican Partnerships, Commercial Properties, and Managed. The company engages in the rental of commercial properties, as well as financing and public houses management businesses. It is also involved in the sale of foods and drinks, as well as accommodation and gaming machines.
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