Ricardo (LON:RCDO - Get Free Report) was upgraded by Shore Capital to a "hold" rating in a note issued to investors on Friday, Marketbeat Ratings reports.
Separately, Berenberg Bank restated a "buy" rating and set a GBX 730 ($9.02) price target on shares of Ricardo in a research note on Tuesday, December 17th.
View Our Latest Analysis on RCDO
Ricardo Price Performance
Shares of LON:RCDO traded down GBX 2 ($0.02) on Friday, hitting GBX 222 ($2.74). The company had a trading volume of 102,959 shares, compared to its average volume of 690,730. The company has a current ratio of 1.86, a quick ratio of 1.57 and a debt-to-equity ratio of 79.12. Ricardo has a 52-week low of GBX 207 ($2.56) and a 52-week high of GBX 536.22 ($6.63). The business has a 50 day moving average of GBX 376.93 and a 200 day moving average of GBX 429.23. The company has a market cap of £138.11 million, a PE ratio of 22,200.00 and a beta of 0.58.
About Ricardo
(
Get Free Report)
Ricardo plc is a global strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. With over 100 years of engineering excellence and close to 3,000 employees in more than 20 countries, we provide exceptional levels of expertise in delivering innovative cross-sector sustainable outcomes to support energy transition and scarce resources, environmental services together with safe and smart mobility.
Recommended Stories
Before you consider Ricardo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ricardo wasn't on the list.
While Ricardo currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
