Manolete Partners’ (MANO) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Manolete Partners (LON:MANO) in a report released on Tuesday morning, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 172 price target on the stock.

Manolete Partners Stock Performance

Manolete Partners stock opened at GBX 95 on Tuesday. The company has a market cap of £41.62 million, a price-to-earnings ratio of 4,726.37 and a beta of 0.77. The company has a debt-to-equity ratio of 33.92, a current ratio of 4.92 and a quick ratio of 6.25. Manolete Partners has a 12 month low of GBX 70.14 and a 12 month high of GBX 119.30. The stock’s 50-day moving average is GBX 90.22 and its 200-day moving average is GBX 87.11.

Manolete Partners (LON:MANO) last announced its earnings results on Thursday, June 26th. The company reported GBX 2.04 EPS for the quarter. Manolete Partners had a return on equity of 109.76% and a net margin of 180.12%. Equities analysts anticipate that Manolete Partners will post 4.2845258 earnings per share for the current year.

Manolete Partners Company Profile

Manolete Partners Plc is the UK’s leading insolvency litigation financing company which was founded in 2009 by its Chief Executive, Steven Cooklin, a UK Chartered Accountant.

Manolete finances the pursuit of claims through litigation and alternative dispute resolution to produce optimal returns for the creditors of insolvent companies.