EI Group (EIG) Rating Reiterated by Numis Securities
Numis Securities reiterated their buy rating on shares of EI Group (LON:EIG) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.
Several other research firms have also recently issued reports on EIG. Peel Hunt restated a hold rating on shares of EI Group in a research note on Monday, May 6th. Canaccord Genuity restated a buy rating and set a GBX 250 ($3.27) target price on shares of EI Group in a research note on Friday, March 15th. Liberum Capital reiterated a buy rating on shares of EI Group in a research note on Thursday, February 7th. Finally, Royal Bank of Canada increased their price objective on shares of EI Group from GBX 185 ($2.42) to GBX 220 ($2.87) and gave the stock a sector performer rating in a research note on Friday, February 8th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. EI Group currently has a consensus rating of Buy and a consensus target price of GBX 223.33 ($2.92).
EIG opened at GBX 219.20 ($2.86) on Tuesday. The company has a current ratio of 0.57, a quick ratio of 0.50 and a debt-to-equity ratio of 141.06. The stock has a market cap of $984.40 million and a price-to-earnings ratio of 14.91. EI Group has a 52-week low of GBX 125.60 ($1.64) and a 52-week high of GBX 226.20 ($2.96).
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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