Gresham House (LON:GHE) Given New GBX 739 Price Target at Canaccord Genuity

Gresham House (LON:GHE) had its price objective lifted by research analysts at Canaccord Genuity from GBX 725 ($9.47) to GBX 739 ($9.66) in a research report issued on Monday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 30.80% from the company’s current price.

LON:GHE traded up GBX 23 ($0.30) during mid-day trading on Monday, hitting GBX 565 ($7.38). 21,109 shares of the company traded hands, compared to its average volume of 3,172. The stock’s fifty day moving average price is GBX 592.29 and its 200-day moving average price is GBX 551.22. Gresham House has a one year low of GBX 430 ($5.62) and a one year high of GBX 640 ($8.36). The company has a quick ratio of 3.36, a current ratio of 3.36 and a debt-to-equity ratio of 12.34. The firm has a market cap of $156.36 million and a price-to-earnings ratio of -144.87.

Gresham House Company Profile

Gresham House plc, an investment trust, engages in property rental and development in the United Kingdom. It also invests in listed securities. The company is based in London, the United Kingdom.

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