Manolete Partners (LON:MANO) Stock Rating Reaffirmed as Buy by Canaccord Genuity Group

Manolete Partners (LON:MANO)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity Group in a report released on Wednesday, Digital Look reports. They currently have a GBX 67 target price on the stock. Canaccord Genuity Group’s price target points to a potential upside of 81.08% from the stock’s previous close.

Manolete Partners Price Performance

Shares of LON MANO opened at GBX 37 on Wednesday. The stock has a market cap of £16.27 million, a price-to-earnings ratio of 15.04 and a beta of 0.59. Manolete Partners has a fifty-two week low of GBX 32 and a fifty-two week high of GBX 92. The firm’s 50-day simple moving average is GBX 39.02 and its 200 day simple moving average is GBX 41.90. The company has a debt-to-equity ratio of 30.06, a quick ratio of 6.25 and a current ratio of 7.43.

Manolete Partners Company Profile

Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.

Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.