Clarkson PLC (LON:CKN – Get Free Report) shares shot up 0.1% on Friday. The stock traded as high as GBX 4,716 and last traded at GBX 4,649.49. 57,027 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 257,836 shares. The stock had previously closed at GBX 4,646.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. Deutsche Bank raised their target price on shares of Clarkson from GBX 4,950 to GBX 5,300 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Berenberg Bank upped their price target on shares of Clarkson from GBX 5,925 to GBX 6,025 and gave the company a “buy” rating in a report on Wednesday, October 7th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 5,550 price target on shares of Clarkson in a report on Thursday, October 15th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Clarkson presently has an average rating of “Buy” and a consensus price target of GBX 5,625.
Check Out Our Latest Stock Analysis on Clarkson
Clarkson Stock Up 0.1%
The company has a 50-day simple moving average of GBX 5,036.79 and a 200 day simple moving average of GBX 4,732.55. The company has a market cap of £1.43 billion, a P/E ratio of 18.57 and a beta of 0.70. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 10.87.
About Clarkson
Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation. Its Financial segment provides investment banking services for maritime, oil services, and natural resources sectors; structured asset finance services and projects in the shipping, offshore, and real estate sectors; and project finance and bespoke asset finance solutions.
Featured Articles
- Five stocks we like better than Clarkson
- Intuitive Machines’ Business Is Taking Off—Will Its Stock Follow?
- The Next Big Thing May Not Be One Thing: Inside Lazard’s Megatrends ETF
- 3 Power and Grid Stocks That Could Keep Growing Even if AI Spending Slows
- Applied Materials Beats and Raises, But Investors Stay Unconvinced
Receive News & Ratings for Clarkson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clarkson and related companies with MarketBeat.com's FREE daily email newsletter.
