Canaccord Genuity Group Forecasts Strong Price Appreciation for Eagle Eye Solutions Group (LON:EYE) Stock

Eagle Eye Solutions Group (LON:EYE) had its price target lifted by stock analysts at Canaccord Genuity Group from GBX 660 to GBX 675 in a note issued to investors on Friday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 33.98% from the stock’s current price.

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Eagle Eye Solutions Group in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 675.

Eagle Eye Solutions Group Stock Performance

Shares of LON EYE opened at GBX 503.80 on Friday. The business’s 50-day simple moving average is GBX 449.11 and its 200-day simple moving average is GBX 380.21. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.57. Eagle Eye Solutions Group has a 52 week low of GBX 210 and a 52 week high of GBX 508. The firm has a market cap of £152.28 million, a price-to-earnings ratio of -1,481.76 and a beta of 0.64.

Insider Activity

In other Eagle Eye Solutions Group news, insider Anne De Kerckhove acquired 3,921 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were acquired at an average cost of GBX 383 per share, for a total transaction of £15,017.43. Corporate insiders own 24.88% of the company’s stock.

Eagle Eye Solutions Group Company Profile

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.