Canaccord Genuity Group Forecasts Strong Price Appreciation for Netcall (LON:NET) Stock

Netcall (LON:NET) had its target price raised by stock analysts at Canaccord Genuity Group from GBX 160 to GBX 170 in a report released on Wednesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 35.48% from the company’s current price.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 165 price target on shares of Netcall in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 167.50.

Netcall Stock Performance

Shares of NET stock opened at GBX 125.48 on Wednesday. The company’s fifty day simple moving average is GBX 119.44 and its 200-day simple moving average is GBX 117.10. The company has a current ratio of 0.55, a quick ratio of 0.88 and a debt-to-equity ratio of 2.06. Netcall has a 52 week low of GBX 94.10 and a 52 week high of GBX 138. The company has a market cap of £214.06 million, a PE ratio of 88.36 and a beta of 0.11.

Netcall (LON:NET) last released its quarterly earnings data on Wednesday, October 7th. The company reported GBX 4.39 EPS for the quarter. Netcall had a return on equity of 5.23% and a net margin of 4.67%. As a group, equities research analysts anticipate that Netcall will post 3.7029017 EPS for the current year.

Netcall Company Profile

Netcall is a UK-based enterprise software company that unites automation and customer engagement in one AI-powered platform. Its Liberty platform makes work easier by digitising processes and simplifying customer interactions in a single, easy-to-use solution that reduces complexity. Today, around 600 organisations across healthcare, government and financial services rely on Netcall for mission‑critical workflows, including two‑thirds of NHS Acute Health Trusts and major enterprises such as Legal & General, Baloise and Santander.