Gooch & Housego (LON:GHH) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Gooch & Housego (LON:GHH) had its price objective raised by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 880 to GBX 1,150 in a report issued on Wednesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 24.10% from the company’s current price.

Gooch & Housego Price Performance

Shares of LON GHH opened at GBX 926.67 on Wednesday. The firm has a market cap of £253.64 million, a P/E ratio of 69.67 and a beta of 0.86. The company has a current ratio of 2.74, a quick ratio of 1.66 and a debt-to-equity ratio of 43.47. Gooch & Housego has a 1-year low of GBX 463.10 and a 1-year high of GBX 1,115. The business’s 50 day moving average is GBX 884.02 and its 200-day moving average is GBX 734.74.

Gooch & Housego (LON:GHH) last announced its earnings results on Tuesday, June 2nd. The company reported GBX 16.40 earnings per share for the quarter. The company had revenue of GBX 8,188 million for the quarter. Gooch & Housego had a return on equity of 3.10% and a net margin of 2.35%. Equities research analysts predict that Gooch & Housego will post 40.9691418 earnings per share for the current year.

About Gooch & Housego

Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.