Ricardo’s (RCDO) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt restated their hold rating on shares of Ricardo (LON:RCDO) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued reports about the company. Peel Hunt reissued a hold rating and set a GBX 783 ($10.23) price target on shares of Ricardo in a report on Monday, July 1st. Liberum Capital reiterated a buy rating on shares of Ricardo in a research report on Wednesday, July 31st.

Shares of RCDO stock opened at GBX 702 ($9.17) on Monday. Ricardo has a fifty-two week low of GBX 572 ($7.47) and a fifty-two week high of GBX 890 ($11.63). 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 company has a market cap of $374.91 million and a PE ratio of 20.06. The stock’s fifty day moving average price is GBX 709.88 and its two-hundred day moving average price is GBX 713.92.

About Ricardo

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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