Ricardo (LON:RCDO) Stock Rating Reaffirmed by Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Ricardo (LON:RCDO) in a research note released on Wednesday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also commented on the company. Peel Hunt reaffirmed a hold rating and set a GBX 783 ($10.23) price target on shares of Ricardo in a research report on Monday, July 1st. Peel Hunt reissued a hold rating and issued a GBX 783 ($10.23) target price on shares of Ricardo in a research report on Monday, July 1st.

LON RCDO opened at GBX 698 ($9.12) on Wednesday. The firm has a market capitalization of $372.78 million and a price-to-earnings ratio of 19.94. The company has a debt-to-equity ratio of 39.60, a quick ratio of 1.60 and a current ratio of 1.85. The stock’s 50-day simple moving average is GBX 731.58. Ricardo has a one year low of GBX 572 ($7.47) and a one year high of GBX 890 ($11.63).

Ricardo Company Profile

Ricardo plc primarily provides engineering, technical, environmental, and strategic consultancy services for transportation original equipment manufacturers and operators, energy companies, financial institutions, and government agencies. The company operates through Technical Consulting and Performance Products segments.

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