Raspberry Pi (LON:RPI) Given “Buy” Rating at Jefferies Financial Group

Raspberry Pi (LON:RPI)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday, Digital Look reports. They currently have a GBX 960 target price on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 48.72% from the company’s current price.

Other research analysts have also issued reports about the company. Berenberg Bank reissued a “hold” rating and issued a GBX 670 price target on shares of Raspberry Pi in a research report on Friday. Deutsche Bank Aktiengesellschaft raised their price objective on Raspberry Pi from GBX 550 to GBX 650 and gave the company a “hold” rating in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Raspberry Pi has an average rating of “Hold” and a consensus price target of GBX 760.

Raspberry Pi Stock Performance

Raspberry Pi stock traded up GBX 27 during mid-day trading on Friday, reaching GBX 645.50. 5,317,184 shares of the company were exchanged, compared to its average volume of 2,095,385. The business has a fifty day moving average of GBX 624.27 and a 200 day moving average of GBX 650.28. The firm has a market cap of £1.25 billion, a P/E ratio of 58.68 and a beta of 0.45. Raspberry Pi has a 12-month low of GBX 253.80 and a 12-month high of GBX 1,082.

About Raspberry Pi

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.

Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.

That’s not all we do.