Luceco’s (LUCE) Buy Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Luceco (LON:LUCE) in a report released on Tuesday, Digital Look reports. Liberum Capital currently has a GBX 170 ($2.24) price target on the stock.

Separately, Peel Hunt downgraded shares of Luceco to an add rating and lifted their target price for the company from GBX 96 ($1.26) to GBX 151 ($1.99) in a report on Tuesday, January 28th.

Shares of Luceco stock opened at GBX 130 ($1.71) on Tuesday. Luceco has a 1 year low of GBX 55 ($0.72) and a 1 year high of GBX 154 ($2.03). The company has a debt-to-equity ratio of 99.76, a quick ratio of 1.09 and a current ratio of 1.90. The company has a market capitalization of $209.04 million and a P/E ratio of 20.97. The company’s fifty day moving average is GBX 136.76 and its two-hundred day moving average is GBX 107.53.

Luceco Company Profile

Luceco plc manufactures and distributes various light emitting diode (LED) lighting products and wiring accessories in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It operates through four segments: Wiring Accessories, Portable Power, LED Lighting, and Ross and Other.

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