Manolete Partners (LON:MANO) Earns “Buy” Rating from Canaccord Genuity Group

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

Manolete Partners Price Performance

Shares of LON MANO opened at GBX 37 on Wednesday. The company has a 50 day simple moving average of GBX 39.14 and a 200 day simple moving average of GBX 42.06. The firm has a market cap of £16.27 million, a PE ratio of 15.04 and a beta of 0.59. Manolete Partners has a 1 year low of GBX 32 and a 1 year high of GBX 92. The company has a debt-to-equity ratio of 30.06, a current ratio of 7.43 and a quick ratio of 6.25.

About Manolete Partners

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.