ECM.L Share Price (ECM)

So refreshing to see leadership driving performance. Excellent cEO, very happy to be invested.
GLAlth

Not a 'sexy' stock (apparently). But strong, consistent, revenue growth and profitability.
Turns me on anyway!

I've invested here based on good positive momentum. It is well above the 200 day SMA.
I do like investing in "boring" companies with little activity on the forum.

It rather seems that this is a well-run business, and is going the right way.
Seems to me that there is very little not to like in today's RNS.

Risks are to the upside for Electrocomponents (ECM) after the electronic parts distributor delivered a stronger than expected fourth quarter, says Liberum.

Analyst Sanjay Vidyarthi retained his ‘buy’ recommendation and increased the target price from £11.00 to £11.70 on the stock, which rose 18p, or 1.7%, to £10.99 on Friday.

The analyst increased his full year 2021 profit before tax forecast by 2.8% and 2022 earnings estimate by ‘a cautious 1.6%, with continuing freight costs and [foreign exchange] weighing, despite the expectation of strong sales momentum’.

‘We think the risks are to the upside as the year progresses, given the strengths of the digital model. We expect further synergistic acquisitions,’ said Vidyarthi.

My own TP is actually 1200p. Let's see.