Manolete Partners’ (MANO) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Manolete Partners (LON:MANO) in a research note issued to investors on Wednesday,Digital Look reports. The brokerage currently has a GBX 67 price objective on the stock.

Manolete Partners Price Performance

Shares of LON MANO opened at GBX 37 on Wednesday. The stock has a market capitalization of £16.27 million, a P/E ratio of 15.04 and a beta of 0.59. Manolete Partners has a one year low of GBX 32 and a one year high of GBX 92. The firm’s 50 day simple moving average is GBX 39.02 and its two-hundred day simple moving average is GBX 42.03. The company has a debt-to-equity ratio of 30.06, a current ratio of 7.43 and a quick ratio of 6.25.

Manolete Partners Company Profile

Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.

Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.