EI Group PLC (LON:EIG) Given Consensus Recommendation of “Buy” by Brokerages

EI Group PLC (LON:EIG) has received an average rating of “Buy” from the seven research firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 222 ($2.90).

A number of brokerages recently weighed in on EIG. Peel Hunt reissued an “add” rating on shares of Amerisur Resources in a research note on Tuesday, May 14th. Numis Securities lowered their target price on shares of Lekoil from GBX 40 ($0.52) to GBX 22 ($0.29) and set a “buy” rating for the company in a research note on Tuesday, May 14th. Liberum Capital reissued a “buy” rating and set a GBX 560 ($7.32) target price (up previously from GBX 550 ($7.19)) on shares of On The Beach Group in a research note on Tuesday, May 14th. Berenberg Bank reissued a “buy” rating and set a GBX 360 ($4.70) target price on shares of in a research note on Thursday, June 6th. Finally, Canaccord Genuity lifted their target price on shares of WSP Global from C$70.00 to C$72.00 in a research note on Friday, March 15th.

LON EIG traded up GBX 1.20 ($0.02) during mid-day trading on Monday, reaching GBX 197.60 ($2.58). 1,506,216 shares of the stock were exchanged, compared to its average volume of 1,150,000. EI Group has a one year low of GBX 147.80 ($1.93) and a one year high of GBX 230.60 ($3.01). The company has a 50 day moving average of GBX 203.29. The stock has a market cap of $871.87 million and a PE ratio of 21.25. The company has a debt-to-equity ratio of 137.30, a quick ratio of 1.19 and a current ratio of 1.32.

EI Group Company Profile

Ei Group plc operates leased and tenanted pubs in the United Kingdom. It operates through three segments: Publican Partnerships, Commercial Properties, and Managed. The company engages in the rental of commercial properties, as well as financing and public houses management businesses. It is also involved in the sale of foods and drinks, as well as accommodation and gaming machines.

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Analyst Recommendations for EI Group (LON:EIG)

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