Ergomed PLC (ERGO) Stock Rating Reaffirmed by Numis Securities Ltd
Ergomed PLC (LON:ERGO)‘s stock had its “buy” rating reaffirmed by stock analysts at Numis Securities Ltd in a research report issued to clients and investors on Friday. They presently have a GBX 280 ($3.71) price objective on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 54.27% from the stock’s previous close.
Ergomed PLC (ERGO) opened at 181.50 on Friday. Ergomed PLC has a 52 week low of GBX 118.00 and a 52 week high of GBX 216.88. The company’s market capitalization is GBX 73.57 million. The firm has a 50-day moving average price of GBX 177.40 and a 200-day moving average price of GBX 191.79.
Ergomed PLC (LON:ERGO) last issued its earnings results on Monday, September 18th. The company reported GBX 1.20 ($0.02) earnings per share (EPS) for the quarter. Ergomed PLC had a return on equity of 2.69% and a net margin of 2.07%. The firm had revenue of GBX 2,291 million for the quarter. Analysts anticipate that Ergomed PLC will post $7.80 EPS for the current fiscal year.
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Ergomed PLC Company Profile
Ergomed plc is a provider of drug development services to the pharmaceutical industry. The Company operates through two segments: clinical research services (CRS), and drug safety and medical information services (DS&MI). It provides a range of clinical trial planning, management and monitoring services.
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