Shore Capital restated their sell rating on shares of Ricardo (LON:RCDO – Free Report) in a report issued on Thursday, Marketbeat Ratings reports.
Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 730 ($9.48) price objective on shares of Ricardo in a report on Wednesday, September 11th.
Get Our Latest Stock Analysis on Ricardo
Ricardo Stock Performance
Ricardo Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 31st will be paid a dividend of GBX 8.90 ($0.12) per share. This represents a yield of 1.72%. The ex-dividend date is Thursday, October 31st. This is a positive change from Ricardo’s previous dividend of $3.80. Ricardo’s dividend payout ratio (DPR) is 130,000.00%.
About Ricardo
Ricardo plc provides environmental, technical, and strategic consultancy services in the United Kingdom, Europe, North America, China, rest of Asia, Australia, and internationally. It operates through Energy and Environment (EE), Rail, Automotive and Industrial (A&I) Emerging, Automotive and Industrial (A&I) Established, Defense, and Performance Products (PP).
See Also
- Five stocks we like better than Ricardo
- Investing in Travel Stocks Benefits
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- Golden Cross Stocks: Pattern, Examples and Charts
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What is the FTSE 100 index?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for Ricardo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ricardo and related companies with MarketBeat.com's FREE daily email newsletter.