Electrocomponents plc 3.1% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Electrocomponents plc with EPIC/TICKER (LON:ECM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Electrocomponents plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 651 GBX on its stock. This would imply the analyst believes there is now a potential upside of 3.1% from today’s opening price of 631.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 28.4 points and increased 86.4 points respectively. The 52 week high for the stock is 729.8 GBX while the year low stock price is currently 478.4 GBX.

Electrocomponents plc has a 50 day moving average of 658.88 GBX and the 200 Day Moving Average price is recorded at 615.43. There are currently 446,215,813 shares in issue with the average daily volume traded being 1,308,167. Market capitalisation for LON:ECM is £2,866,490,491 GBP.

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