Manolete Partners (LON:MANO) Earns Buy Rating from 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 price target on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 81.08% from the stock’s current price.

Manolete Partners Price Performance

Shares of LON:MANO opened at GBX 37 on Wednesday. The firm has a market capitalization of £16.27 million, a PE ratio of 15.04 and a beta of 0.59. The company has a quick ratio of 6.25, a current ratio of 7.43 and a debt-to-equity ratio of 30.06. The company has a 50-day moving average price of GBX 39.02 and a two-hundred day moving average price of GBX 42.03. Manolete Partners has a twelve month low of GBX 32 and a twelve month high of GBX 92.

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.