Electrocomponents plc 12.8% potential upside indicated by Liberum Capital

Electrocomponents plc with ticker (LON:ECM) now has a potential upside of 12.8% according to Liberum Capital.



Liberum Capital set a target price of 1,400 GBX for the company, which when compared to the Electrocomponents plc share price of 1,221 GBX at opening today (25/11/2021) indicates a potential upside of 12.8%. Trading has ranged between 778 (52 week low) and 1,276 (52 week high) with an average of 800,765 shares exchanging hands daily. The market capitalisation at the time of writing is £5,707,533,432.

Electrocomponents PLC is a United Kingdom-based service distributor of industrial and electronic products. The Company globally offers omni-channel solutions for industrial customers and suppliers for designing, building, or maintaining industrial equipment and facilities. The Company’s segments include EMEA, Americas and Asia Pacific.Its EMEA hub manage markets in UK and Ireland; France; Italy; Iberia; Germany, Austria, and Switzerland; and rest of EMEA which includes Benelux, Eastern Europe, Scandinavia, and South Africa. Its Americans hub operates in the United States (US), with smaller operations in Canada, Mexico, and Chile. Its Asia Pacific hub in Australia and New Zealand (ANZ), Greater China, Japan, and South East Asia. The Company operates under various brand name such as RS Components, Allied Electronics & Automation, RS PRO, OKdo, DesignSpark, India Electronics and Semiconductor Association (IESA), Synovos, Needlers and Liscombe.