Numis Securities Reiterates Buy Rating for Draper Esprit (GROW)

Draper Esprit (LON:GROW)‘s stock had its “buy” rating reiterated by equities researchers at Numis Securities in a note issued to investors on Wednesday. They currently have a GBX 480 ($6.42) price target on the stock. Numis Securities’ price objective suggests a potential upside of 20.60% from the stock’s previous close.

Draper Esprit (GROW) opened at GBX 391.50 ($5.23) on Wednesday. The company has a market cap of $280.36 and a price-to-earnings ratio of 851.09. Draper Esprit has a 1 year low of GBX 318 ($4.25) and a 1 year high of GBX 403 ($5.39).

Draper Esprit (LON:GROW) last posted its earnings results on Tuesday, October 24th. The company reported GBX 29 ($0.39) earnings per share for the quarter. Draper Esprit had a net margin of 85.50% and a return on equity of 19.73%. The company had revenue of GBX 131 million during the quarter.

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Draper Esprit Company Profile

Draper Esprit plc, formerly Ingleby (1994 plc), is a United Kingdom-based company, which focuses to raise capital through a listing on Alternative Investment Market (AIM) in order to pursue a direct purchase of a regulated venture capital management business and an associated portfolio of investments.

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