Shore Capital reaffirmed their sell rating on shares of Ricardo (LON:RCDO – Free Report) in a report published on Thursday morning, MarketBeat.com reports.
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 730 ($9.48) price objective on shares of Ricardo in a report on Wednesday, September 11th.
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Ricardo Stock Performance
Ricardo Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 31st will be issued a GBX 8.90 ($0.12) dividend. This is a positive change from Ricardo’s previous dividend of $3.80. This represents a dividend yield of 1.72%. The ex-dividend date of this dividend is Thursday, October 31st. Ricardo’s dividend payout ratio (DPR) is presently 130,000.00%.
Ricardo Company Profile
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).
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