Judges Scientific (LON:JDG) Given Buy Rating at Berenberg Bank

Judges Scientific (LON:JDG)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 7,900 price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 62.89% from the company’s current price.

Other equities analysts have also issued reports about the company. Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, September 18th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 7,380 price objective on shares of Judges Scientific in a research note on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 7,640.

Judges Scientific Trading Up 4.3%

Shares of LON JDG traded up GBX 200 during midday trading on Wednesday, reaching GBX 4,850. 15,665 shares of the stock were exchanged, compared to its average volume of 25,800. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.79. The company has a market capitalization of £322.48 million, a P/E ratio of 29.75, a P/E/G ratio of 0.56 and a beta of 0.83. The stock has a 50 day moving average price of GBX 5,736.17 and a 200-day moving average price of GBX 6,821.02. Judges Scientific has a 52-week low of GBX 4,400 and a 52-week high of GBX 9,120.

Judges Scientific (LON:JDG) last released its earnings results on Thursday, September 18th. The company reported GBX 141.40 EPS for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. Equities research analysts expect that Judges Scientific will post 402.5824271 earnings per share for the current fiscal year.

Insider Transactions at Judges Scientific

In other news, insider Lushani Kodituwakku bought 387 shares of Judges Scientific stock in a transaction dated Friday, October 17th. The shares were acquired at an average cost of GBX 5,800 per share, with a total value of £22,446. Insiders have purchased a total of 1,778 shares of company stock valued at $10,157,660 over the last three months. 10.86% of the stock is owned by company insiders.

About Judges Scientific

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 23 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.