Numis Securities Ltd Reaffirms “Add” Rating for Luceco PLC (LUCE)

Numis Securities Ltd reaffirmed their add rating on shares of Luceco PLC (LON:LUCE) in a report released on Monday. Numis Securities Ltd currently has a GBX 275 ($3.55) price objective on the stock.

Shares of Luceco PLC (LON LUCE) opened at 243.00 on Monday. Luceco PLC has a one year low of GBX 140.00 and a one year high of GBX 260.00. The firm’s market capitalization is GBX 395.05 million. The company’s 50 day moving average is GBX 235.23 and its 200-day moving average is GBX 226.80.

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In related news, insider John Hornby bought 130 shares of the business’s stock in a transaction that occurred on Thursday, July 20th. The shares were acquired at an average cost of GBX 233 ($3.01) per share, with a total value of £302.90 ($391.19).

Luceco PLC Company Profile

Luceco plc offers a range of brands, including Luceco, BG Electrical, Masterplug and Ross. The Company’s products include Luxpanel, Epsilon and ambient lighting. Luceco light emitting diode (LED) lighting provides commercial and domestic lighting solutions. BG Electrical is a wiring accessory manufacturing brand, which serves electrical trade and specifiers.

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