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Target price hike for ECSC

Cyber security tiddler worth far more than first thought, says analyst
Thursday 01 Jun 2017 Author: Steven Frazer
Smaller Companies

The recent WannaCry ransomware attack that shut down many NHS IT systems has sparked a massive valuation rethink at cyber security tiddler ECSC (ECSC:AIM). Broker Stockdale has raised its 12-month share price target from 360p to 600p. ‘We forecast ECSC to return to profit in 2018 and deliver an operationally-geared increase in profit from 2019 onwards,’ it says.

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01 Jun 2017

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