ProCook Group’s (PROC) “Buy” Rating Reaffirmed at Canaccord Genuity Group

ProCook Group (LON:PROC)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a research note issued on Wednesday,London Stock Exchange reports. They presently have a GBX 48 ($0.61) target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 40.93% from the company’s current price.

ProCook Group Price Performance

LON PROC opened at GBX 34.06 ($0.44) on Wednesday. ProCook Group has a fifty-two week low of GBX 16.63 ($0.21) and a fifty-two week high of GBX 41.60 ($0.53). The stock’s 50-day moving average is GBX 31.61 and its two-hundred day moving average is GBX 26.99. The company has a debt-to-equity ratio of 301.33, a current ratio of 0.93 and a quick ratio of 0.36. The firm has a market cap of £37.11 million, a P/E ratio of 3,406.00 and a beta of 1.12.

About ProCook Group

ProCook Group plc, through its subsidiaries, engages in the sale of kitchenware and related products in the United Kingdom. The company operates in two segments, Ecommerce and Retail. It offers a range of cookware and tableware products, and kitchen accessories; and holds properties. The company was founded in 1996 and is headquartered in Gloucester, the United Kingdom.