Ricardo plc 37.6% Potential Upside Indicated by Liberum Capital

Broker Ratings

Ricardo plc with EPIC/TICKER (LON:RCDO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Liberum Capital. Ricardo plc are listed in the Industrials sector within UK Main Market. Liberum Capital have set their target price at 465 GBX on its stock. This would imply the analyst believes there is now a potential upside of 37.6% from the opening price of 338 GBX. Over the last 30 and 90 trading days the company share price has decreased 52 points and decreased 61 points respectively. The 1 year high stock price is 846 GBX while the 52 week low for the share price is 286.93 GBX.

Ricardo plc has a 50 day moving average of 413.97 GBX and a 200 Day Moving Average share price is recorded at 579.92. There are currently 53,406,250 shares in issue with the average daily volume traded being 102,867. Market capitalisation for LON:RCDO is £186,387,812 GBP.

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