Electra Private Equity (LON:ELTA) PT Lowered to GBX 407

Electra Private Equity (LON:ELTA) had its target price dropped by equities research analysts at HSBC from GBX 423 ($5.53) to GBX 407 ($5.32) in a research report issued on Tuesday, June 4th, ThisIsMoney.Co.Uk reports. The firm currently has a “hold” rating on the stock. HSBC’s price objective points to a potential upside of 15.95% from the stock’s current price.

Shares of ELTA stock traded down GBX 158.43 ($2.07) during trading hours on Tuesday, hitting GBX 351 ($4.59). The company’s stock had a trading volume of 9,135 shares, compared to its average volume of 25,238. The stock has a 50 day simple moving average of GBX 342.45. The stock has a market cap of $134.22 million and a PE ratio of -2.68. Electra Private Equity has a 12-month low of GBX 5.09 ($0.07) and a 12-month high of GBX 937 ($12.24).

About Electra Private Equity

Electra Private Equity PLC specializes in growth capital, buyouts, recapitalization, control buyouts, PIPEs, middle market investments. It invests across all sectors and is not sector specific. The fund seeks to invest in companies based in the Continental Europe, United States and principally in Western Europe, with the majority of investments made in the United Kingdom.

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