Gateley (LON:GTLY) Rating Reiterated by Shore Capital

Gateley (LON:GTLY)‘s stock had its “under review” rating reissued by equities research analysts at Shore Capital in a research report issued to clients and investors on Tuesday, Price Targets.com reports.

Other equities research analysts have also issued research reports about the stock. Liberum Capital raised their target price on shares of Gateley from GBX 220 ($2.87) to GBX 300 ($3.92) and gave the stock a “buy” rating in a report on Wednesday, May 26th. Peel Hunt reiterated an “add” rating and set a GBX 200 ($2.61) price objective on shares of Gateley in a report on Wednesday, May 26th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 200 ($2.61) price objective on shares of Gateley in a report on Wednesday, May 26th.

Gateley stock opened at GBX 208.24 ($2.72) on Tuesday. The business has a 50-day moving average price of GBX 206.53. The company has a market cap of £245.49 million and a price-to-earnings ratio of 20.42. The company has a quick ratio of 2.21, a current ratio of 2.28 and a debt-to-equity ratio of 70.71. Gateley has a 12-month low of GBX 115 ($1.50) and a 12-month high of GBX 229.99 ($3.00).

Gateley Company Profile

Gateley (Holdings) Plc, together with its subsidiaries, provides commercial legal services in the United Kingdom, Europe, the Middle East, North and South America, Asia, and internationally. It operates through five segments: Banking and Financial Services; Corporate; Business Services; Employees, Pensions and Benefits; and Property.

Recommended Story: What is a balanced fund?

Receive News & Ratings for Gateley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gateley and related companies with MarketBeat.com's FREE daily email newsletter.