Ricardo plc (RCDO) Coverage Initiated by Analysts at Jefferies Group LLC

Jefferies Group LLC started coverage on shares of Ricardo plc (LON:RCDO) in a report issued on Monday morning. The firm issued a buy rating and a GBX 1,043 ($13.47) price objective on the stock.

Several other analysts have also issued reports on RCDO. Berenberg Bank reiterated a hold rating on shares of Ricardo plc in a research report on Wednesday, September 6th. Peel Hunt reiterated an add rating and issued a GBX 1,019 ($13.16) target price on shares of Ricardo plc in a research report on Thursday, July 6th. Finally, Liberum Capital reiterated a buy rating and issued a GBX 875 ($11.30) target price on shares of Ricardo plc in a research report on Thursday, July 6th.

Shares of Ricardo plc (LON:RCDO) opened at 762.50 on Monday. The stock’s market cap is GBX 403.36 million. The firm has a 50-day moving average of GBX 735.07 and a 200 day moving average of GBX 826.39. Ricardo plc has a 52 week low of GBX 691.00 and a 52 week high of GBX 1,040.00.

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About Ricardo plc

Ricardo plc is a holding company engaged in engineering and strategic, technical and environmental consultancy business. The Company’s operating segments include Technical Consulting and Performance Products. Its Technical Consulting segment is engaged in the delivery of engineering programs and technology projects, together with environmental and management consultancy services.

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