UK Markets close in 43 mins
  • FTSE 100

    7,127.58
    -184.74 (-2.53%)
     
  • FTSE 250

    18,486.18
    -552.61 (-2.90%)
     
  • AIM

    872.49
    -20.83 (-2.33%)
     
  • GBP/EUR

    1.1641
    +0.0035 (+0.30%)
     
  • GBP/USD

    1.2140
    +0.0018 (+0.1457%)
     
  • BTC-GBP

    15,657.64
    -980.54 (-5.89%)
     
  • CMC Crypto 200

    406.96
    -24.50 (-5.68%)
     
  • S&P 500

    3,752.63
    -66.20 (-1.73%)
     
  • DOW

    30,561.37
    -467.94 (-1.51%)
     
  • CRUDE OIL

    105.60
    -4.18 (-3.81%)
     
  • GOLD FUTURES

    1,811.60
    -5.90 (-0.32%)
     
  • NIKKEI 225

    26,393.04
    -411.56 (-1.54%)
     
  • HANG SENG

    21,859.79
    -137.10 (-0.62%)
     
  • DAX

    12,675.22
    -328.13 (-2.52%)
     
  • CAC 40

    5,884.31
    -147.17 (-2.44%)
     

Upbeat broker recommendations for Focusrite

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

The Focusrite (LON:TUNE) share price has risen by 10.2% over the past month and it’s currently trading at 975p. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Focusrite currently has:

  • 2 Buy recommendations

  • 0 Hold recommendations

  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

GET MORE DATA-DRIVEN INSIGHTS INTO LON:TUNE »

Looking behind the broker forecasts

At its current price of 975p, shares in Focusrite are trading at a discount of -46.7% to its 52 week high price. The 1-year performance of the shares has been -20.7%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Focusrite it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Focusrite that you can find out about here.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting