Shore Capital Reiterates “Sell” Rating for Ricardo (LON:RCDO)

Ricardo (LON:RCDO)‘s stock had its “sell” rating reiterated by equities research analysts at Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat reports.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 730 ($9.48) price target on shares of Ricardo in a research note on Wednesday, September 11th.

Ricardo Trading Up 0.5 %

Shares of RCDO stock opened at GBX 431 ($5.60) on Thursday. Ricardo has a 1 year low of GBX 386.51 ($5.02) and a 1 year high of GBX 536.22 ($6.96). The firm has a market capitalization of £268.13 million, a PE ratio of 43,100.00 and a beta of 0.58. The stock has a fifty day moving average of GBX 461.64 and a two-hundred day moving average of GBX 476.89. The company has a debt-to-equity ratio of 79.12, a quick ratio of 1.57 and a current ratio of 1.86.

Ricardo Company Profile

Ricardo plc provides environmental, technical, and strategic consultancy services in the United Kingdom, Europe, North America, China, rest of Asia, Australia, and internationally. It operates through Energy and Environment (EE), Rail, Automotive and Industrial (A&I) Emerging, Automotive and Industrial (A&I) Established, Defense, and Performance Products (PP).