Ricardo’s (RCDO) “Sell” Rating Reiterated at Shore Capital

Shore Capital restated their sell rating on shares of Ricardo (LON:RCDO) in a research note released on Thursday, Marketbeat Ratings reports.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 730 ($9.07) target price on shares of Ricardo in a report on Tuesday, December 17th.

Ricardo Trading Down 2.3 %

Shares of LON:RCDO opened at GBX 258 ($3.20) on Thursday. Ricardo has a 52 week low of GBX 255 ($3.17) and a 52 week high of GBX 536.22 ($6.66). The company’s 50 day moving average is GBX 403.19 and its two-hundred day moving average is GBX 444.27. The company has a market cap of £160.50 million, a PE ratio of 25,800.00 and a beta of 0.58. The company has a current ratio of 1.86, a quick ratio of 1.57 and a debt-to-equity ratio of 79.12.

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.