Panmure Gordon hoisted their target price on shares of EG Solutions (LON: EGS) from GBX 103 ($1.56) to GBX 111 ($1.68) in a research note issued on Tuesday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Panmure Gordon’s price objective suggests a potential upside of 47.80% from the stock’s previous close.
Shares of EG Solutions (LON: EGS) traded up 4.50% during mid-day trading on Tuesday, hitting GBX 78.90. EG Solutions has a 52 week low of GBX 61.00 and a 52 week high of GBX 109.00. The stock’s 50-day moving average is currently GBX 63.97.
eg solutions plc is a back office optimization software company that specializes in operations management solutions.