Shore Capital Reiterates “Sell” Rating for Ricardo (LON:RCDO)

Shore Capital reissued their sell rating on shares of Ricardo (LON:RCDO) in a report published on Thursday, MarketBeat reports.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 730 ($9.05) price target on shares of Ricardo in a research report on Tuesday, December 17th.

Ricardo Trading Down 4.5 %

LON RCDO opened at GBX 252 ($3.12) on Thursday. The firm’s fifty day moving average is GBX 397.61 and its two-hundred day moving average is GBX 441.32. Ricardo has a one year low of GBX 252 ($3.12) and a one year high of GBX 536.22 ($6.65). The company has a debt-to-equity ratio of 79.12, a quick ratio of 1.57 and a current ratio of 1.86. The firm has a market cap of £156.77 million, a PE ratio of 25,200.00 and a beta of 0.58.

About Ricardo

Ricardo plc is a global strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. With over 100 years of engineering excellence and close to 3,000 employees in more than 20 countries, we provide exceptional levels of expertise in delivering innovative cross-sector sustainable outcomes to support energy transition and scarce resources, environmental services together with safe and smart mobility.