Raspberry Pi (LON:RPI) Stock Rating Reaffirmed as “Buy” by Jefferies Financial Group

Raspberry Pi (LON:RPI)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research report issued on Friday, Digital Look reports. They presently have a GBX 960 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 55.21% from the stock’s current price.

Several other analysts have also recently weighed in on RPI. Berenberg Bank reissued a “hold” rating and set a GBX 670 price objective on shares of Raspberry Pi in a report on Friday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Raspberry Pi from GBX 550 to GBX 650 and gave the stock a “hold” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of GBX 760.

Raspberry Pi Trading Down 13.1%

Shares of Raspberry Pi stock traded down GBX 93 during trading on Friday, reaching GBX 618.50. The company’s stock had a trading volume of 846,566 shares, compared to its average volume of 2,078,073. The stock has a 50-day moving average price of GBX 625.89 and a two-hundred day moving average price of GBX 645.64. The stock has a market capitalization of £1.20 billion, a P/E ratio of 56.23 and a beta of 0.45. Raspberry Pi has a one year low of GBX 253.80 and a one year high of GBX 1,082.

Raspberry Pi Company Profile

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.