Rating Change: Is Luceco Plc (LON:LUCE) a Sell? Get to Know What Numis Thinks

November 28, 2016 - By Hazel Jackson

Why Numis Gives Luceco Plc (LON:LUCE) GBX 190.00 Price Target

London: Luceco Plc (LON:LUCE) coverage was was started with a Buy rating and GBX 190.00 price target at Numis. Numis’s PT would indicate upside of 21.02% from the company’s previous close.

About 16,071 shares traded hands. Luceco PLC (LON:LUCE) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.

Luceco plc offers a range of brands, including Luceco, BG Electrical, Masterplug and Ross. The company has a market cap of 245.71 million GBP. The Company’s products include Luxpanel, Epsilon and ambient lighting. It has a 31.2 P/E ratio. Luceco light emitting diode lighting provides commercial and domestic lighting solutions.

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