Berenberg Bank restated their buy rating on shares of FRP Advisory Group (LON:FRP – Get Rating) in a report released on Tuesday morning, Marketbeat.com reports. The brokerage currently has a GBX 180 ($2.21) price objective on the stock.
FRP Advisory Group Stock Performance
FRP stock opened at GBX 154 ($1.89) on Tuesday. The company has a market capitalization of £383.37 million and a P/E ratio of 3,080.00. The company has a 50-day simple moving average of GBX 151.57 and a 200 day simple moving average of GBX 136.76. FRP Advisory Group has a fifty-two week low of GBX 109 ($1.34) and a fifty-two week high of GBX 162 ($1.99). The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 29.38.
FRP Advisory Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, October 21st. Shareholders of record on Thursday, September 22nd will be given a GBX 1.90 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, September 22nd. This is a boost from FRP Advisory Group’s previous dividend of $0.80. This represents a yield of 1.3%. FRP Advisory Group’s payout ratio is 82.00%.
Insiders Place Their Bets
FRP Advisory Group Company Profile
FRP Advisory Group plc, through its subsidiaries, provides business advisory services to companies, lenders, investors, individuals, and other stakeholders. The company's services include corporate finance advisory services comprising mergers and acquisitions (M&A), strategic advisory and valuations, capital raising, special situations M&A, partial exits, and financial due diligence; and debt advisory services, such as asset based lending, raising and refinancing debt, debt amendments and extensions, restructuring debt, and corporate and leveraged debt advisory.
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
- Why Apple Could Be At All-Time Highs By Year End
Receive News & Ratings for FRP Advisory Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FRP Advisory Group and related companies with MarketBeat.com's FREE daily email newsletter.