Manolete Partners (LON:MANO) Stock Keeps “Buy” Rating at Canaccord Genuity Group

Manolete Partners (LON:MANO)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 67 target price on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 81.08% from the company’s previous close.

Manolete Partners Price Performance

MANO stock remained flat at GBX 37 during mid-day trading on Wednesday. 2,782 shares of the company’s stock were exchanged, compared to its average volume of 71,452. The company has a market cap of £16.27 million, a price-to-earnings ratio of 15.04 and a beta of 0.59. The stock has a 50 day simple moving average of GBX 39.02 and a 200-day simple moving average of GBX 42.03. Manolete Partners has a one year low of GBX 32 and a one year high of GBX 92. 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.