Electrocomponents plc (LON:ECM) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the company. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 376.75 ($4.71).

A number of research firms have recently commented on ECM. Jefferies Group upped their price objective on Electrocomponents plc from GBX 270 ($3.37) to GBX 430 ($5.37) and gave the stock a “hold” rating in a report on Tuesday. Royal Bank Of Canada upped their price objective on Electrocomponents plc from GBX 280 ($3.50) to GBX 350 ($4.37) and gave the stock a “sector perform” rating in a report on Thursday, October 13th. Shore Capital restated a “sell” rating on shares of Electrocomponents plc in a report on Friday, November 18th. Peel Hunt upgraded Electrocomponents plc to an “add” rating and upped their price objective for the stock from GBX 350 ($4.37) to GBX 420 ($5.25) in a report on Friday, November 18th. Finally, Numis Securities Ltd upped their price objective on Electrocomponents plc from GBX 350 ($4.37) to GBX 420 ($5.25) and gave the stock an “add” rating in a report on Friday, November 18th.

Electrocomponents plc (LON:ECM) traded up 1.32% during mid-day trading on Friday, reaching GBX 444.50. The company’s stock had a trading volume of 1,098,123 shares. The stock’s 50 day moving average price is GBX 377.72 and its 200 day moving average price is GBX 313.02. The stock’s market capitalization is GBX 1.96 billion. Electrocomponents plc has a 1-year low of GBX 200.70 and a 1-year high of GBX 476.70.

The company also recently disclosed a dividend, which will be paid on Wednesday, January 11th. Shareholders of record on Thursday, December 1st will be given a GBX 5 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, December 1st. This represents a yield of 1.11%.

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Electrocomponents plc Company Profile

Electrocomponents plc is a service distributor. The Company’s segments include Northern Europe, Southern Europe, Central Europe, Asia Pacific (APAC) and Emerging Markets, and North America. Its Northern Europe’s hub is the United Kingdom, with associated local markets in Denmark, Norway, Sweden and Republic of Ireland.

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