Posts in LSE:RCDO

What makes Ricardo special

What makes Ricardo special

Ricardo is a great company, but there are some concerns. Here's what companies analyst Richard Beddard thinks of this supplier to Aston Martin and Bugatti.

Broker Forecast - Liberum Capital issues a broker note on Ricardo PLC

Liberum Capital today reaffirms its buy investment rating on Ricardo PLC (LON:RCDO) and raised its price target to 940p (from 875p).

2 under-the-radar stocks I’d consider right now

Engineering and environmental consultancy group Ricardo (LSE:RCDO) this morning reported another solid year of progress, with a resilient performance and a record order book at the end of its most recent financial year.

Ricardo order book rises to record £248m

Ricardo's underlying pre-tax profits rose by 2% to £38.3m in the year to the end of June.

Revenues were up 6% at £352m and the group's order book increased by 7% to a record £248m.

The group declared a dividend of 19.3p per share - up 7%.

Chief executive Dave Shemmans said: "I am pleased to report another solid year of progress for Ricardo.

Broker Forecast - Jefferies International issues a broker note on Ricardo PLC

Jefferies International today initiates coverage of Ricardo PLC (LON:RCDO) with a buy investment rating and price target of 1043p.

Why I’d dump growth stock Fevertree Drinks plc today

Fevertree Drinks plc (LSE:FEVR) has experienced a stunning share price rise. The developer and supplier of premium mixer drinks has recorded a capital gain of 90% in 2017, which takes its gain since the November 2014 IPO to almost 1,200%.

Clearly, it has been an exceptional period for investors in the stock, and it may feel as though the company's valuation will keep rising in perpetuity. However, that is unlikely to be the case. It now has a valuation which means it may be worth selling, rather than buying, at the present time.

Ricardo to acquire Control Point Corporation

Ricardo signed a share purchase agreement to acquire the US based full-service engineering firm Control Point (CPC), comprising the business, operating assets and employees engaged in the business of CPC which will then become part of Ricardo's US subsidiary, Ricardo Defense Systems (RDS).

The acquisition of CPC is central to the growth of Ricardo's defence business, significantly expanding the range of opportunities that can be pursued within the US defence sector.

New capabilities available through this acquisition include expanded vehicle engineering capabilities, expertise in distributed

Top ranked shares for the future

Top ranked shares for the future

After upgrading his decision engine, companies analyst Richard Beddard thinks he's got to the heart of investing and the reasons we so often make mistakes.

Broker Forecast - Berenberg issues a broker note on Ricardo PLC

Berenberg today reaffirms its hold investment rating on Ricardo PLC (LON:RCDO) and cut its price target to 805p (from 845p).

Director Deals - Ricardo PLC (RCDO)

Bill Spencer, Non Executive Director, bought 8,000 shares in the company on the 9th May 2017 at a price of 915.00p. The Director now holds 8,000 shares.

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