Electrocomponents plc 4.2% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Electrocomponents plc using EPIC/TICKER code (LON:ECM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Electrocomponents plc are listed in the Industrials sector within UK Main Market. Barclays Capital have set a target price of 640 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 4.2% from today’s opening price of 614 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.4 points and increased 56.8 points respectively. The 52 week high for the stock is 779.2 GBX while the year low stock price is currently 478.4 GBX.

Electrocomponents plc has a 50 day moving average of 629.67 GBX and the 200 Day Moving Average price is recorded at 598.54. There are currently 443,871,074 shares in issue with the average daily volume traded being 1,129,925. Market capitalisation for LON:ECM is £2,745,786,355 GBP.

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