Electrocomponents PLC (LON:ECM) had its stock rating downgraded as ‘Hold’ in a report released by analysts at Numis.
Numis today set a target price of 500 on the company’s stock. According to the analyst this now indicates there is a potential increase of 3.24% from Electrocomponents PLC’s current price of 484.3.
Over the last twelve months Electrocomponents PLC’s stock price has increased by 124.75% from 215.48 to 484.3.
There are currently 440,299,000 shares in issue with a current share value of 484.3 giving Electrocomponents PLC a market capitalisation of 2.13B GBp .
Electrocomponents PLC (LON:ECM) has a 50 day moving average of 459.77 and a 200 day moving average of 353.46. The 52 week high for the share price is 493.3 while the 52 week low for the stock is 200.7.
Electrocomponents plc is a service distributor. The Company’s segments include Northern Europe, Southern Europe, Central Europe, Asia Pacific (APAC) and Emerging Markets, and North America. Its Northern Europe’s hub is the United Kingdom, with associated local markets in Denmark, Norway, Sweden and Republic of Ireland. Its Southern Europe’s hub is France, with associated local markets in Italy, Spain and Portugal. Its Central Europe’s hub is Germany, with associated local markets in Austria, Switzerland, the Netherlands, Belgium, Poland, Hungary and the Czech Republic. Its North America’s hub is the United States of America, with an associated local market in Canada. Its Asia Pacific and Emerging Markets has a hub in Hong Kong and local markets in Japan, Australia, New Zealand, Singapore, Malaysia, Philippines, Thailand, Taiwan, People’s Republic of China, South Korea, Chile, South Africa. Its product categories include semiconductors, and Automation and Control.