EI Group (LON:EIG) Downgraded by Peel Hunt

Peel Hunt downgraded shares of EI Group (LON:EIG) to a hold rating in a research report report published on Thursday, ThisIsMoney.Co.Uk reports. They currently have GBX 285 ($3.72) target price on the stock, up from their previous target price of GBX 230 ($3.01).

Several other equities research analysts have also recently weighed in on EIG. Liberum Capital boosted their target price on Sigmaroc from GBX 59 ($0.77) to GBX 63 ($0.82) and gave the stock a buy rating in a research note on Thursday. Berenberg Bank restated a buy rating and set a GBX 360 ($4.70) target price on shares of in a research note on Thursday, June 6th. Finally, Numis Securities decreased their target price on Lekoil from GBX 40 ($0.52) to GBX 22 ($0.29) and set a buy rating for the company in a research note on Tuesday, May 14th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of GBX 235.83 ($3.08).

EIG stock opened at GBX 284.20 ($3.71) on Thursday. The stock’s 50 day simple moving average is GBX 204.83. The stock has a market capitalization of $1.25 billion and a PE ratio of 30.56. EI Group has a fifty-two week low of GBX 147.80 ($1.93) and a fifty-two week high of GBX 289 ($3.78). The company has a debt-to-equity ratio of 137.30, a quick ratio of 1.19 and a current ratio of 1.32.

About EI Group

Ei Group plc operates leased and tenanted pubs in the United Kingdom. It operates through three segments: Publican Partnerships, Commercial Properties, and Managed. The company engages in the rental of commercial properties, as well as financing and public houses management businesses. It is also involved in the sale of foods and drinks, as well as accommodation and gaming machines.

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Analyst Recommendations for EI Group (LON:EIG)

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