Shares of EI Group PLC (LON:EIG) were down 0.1% during mid-day trading on Friday . The company traded as low as GBX 281 ($3.67) and last traded at GBX 281.20 ($3.67), approximately 463,628 shares changed hands during mid-day trading. A decline of 60% from the average daily volume of 1,150,000 shares. The stock had previously closed at GBX 281.60 ($3.68).
A number of equities research analysts recently issued reports on EIG shares. Berenberg Bank reiterated a “hold” rating and issued a GBX 220 ($2.87) price objective on shares of EI Group in a research report on Thursday, June 6th. Liberum Capital reiterated a “buy” rating on shares of EI Group in a research report on Thursday, July 18th. Numis Securities restated a “buy” rating on shares of EI Group in a research report on Tuesday, May 14th. Finally, Peel Hunt downgraded EI Group to a “hold” rating and raised their price target for the company from GBX 230 ($3.01) to GBX 285 ($3.72) in a research report on Thursday, July 18th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 235.83 ($3.08).
The stock has a 50-day simple moving average of GBX 258.98 and a two-hundred day simple moving average of GBX 220.96. The company has a quick ratio of 1.19, a current ratio of 1.32 and a debt-to-equity ratio of 137.30. The firm has a market cap of $1.23 billion and a PE ratio of 30.26.
EI Group Company Profile (LON:EIG)
Ei Group plc operates leased and tenanted pubs in the United Kingdom. It operates through three segments: Publican Partnerships, Commercial Properties, and Managed. The company engages in the rental of commercial properties, as well as financing and public houses management businesses. It is also involved in the sale of foods and drinks, as well as accommodation and gaming machines.
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