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

Manolete Partners (LON:MANO)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a report released on Wednesday, October 7th, Digital Look reports. They currently have a GBX 67 price objective on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 77.53% from the company’s previous close.

Manolete Partners Price Performance

Shares of Manolete Partners stock traded up GBX 1.74 during trading on Wednesday, reaching GBX 37.74. The company’s stock had a trading volume of 76,613 shares, compared to its average volume of 70,967. The stock has a 50-day moving average price of GBX 38.85 and a two-hundred day moving average price of GBX 41.65. The company has a current ratio of 7.43, a quick ratio of 6.25 and a debt-to-equity ratio of 30.06. Manolete Partners has a one year low of GBX 32 and a one year high of GBX 92. The stock has a market capitalization of £16.60 million, a P/E ratio of 15.34 and a beta of 0.59.

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.