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

Manolete Partners (LON:MANO)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 67 target price on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 86.11% from the stock’s current price.

Manolete Partners Price Performance

Shares of Manolete Partners stock traded down GBX 1 during trading on Wednesday, reaching GBX 36. The company’s stock had a trading volume of 29,489 shares, compared to its average volume of 71,813. The company has a market capitalization of £15.83 million, a P/E ratio of 14.63 and a beta of 0.59. Manolete Partners has a 12-month low of GBX 32 and a 12-month high of GBX 92. The business has a 50 day moving average price of GBX 39.14 and a 200-day moving average price of GBX 42.06. The company has a quick ratio of 6.25, a current ratio of 7.43 and a debt-to-equity ratio of 30.06.

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.