Raspberry Pi (LON:RPI – Get Free Report) had its target price hoisted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 550 to GBX 650 in a research note issued to investors on Tuesday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential downside of 23.59% from the stock’s current price.
Raspberry Pi Price Performance
Shares of RPI opened at GBX 850.68 on Tuesday. Raspberry Pi has a one year low of GBX 253.80 and a one year high of GBX 1,082. The company has a 50-day moving average of GBX 695.17 and a two-hundred day moving average of GBX 449.50. The stock has a market cap of £1.65 billion, a price-to-earnings ratio of 185.33 and a beta of 0.84.
Insider Activity at Raspberry Pi
In other news, insider Eben Upton CBE sold 190,000 shares of Raspberry Pi stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of GBX 967, for a total value of £1,837,300. Also, insider Daniel Labbad sold 9,527 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of GBX 630, for a total transaction of £60,020.10. In the last three months, insiders have sold 349,527 shares of company stock worth $294,882,010. 1.65% of the stock is owned by insiders.
About Raspberry Pi
Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.
Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.
That’s not all we do.
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