FRP Advisory Group (LON:FRP) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of FRP Advisory Group (LON:FRP) in a report released on Friday morning,London Stock Exchange reports. Berenberg Bank currently has a GBX 220 target price on the stock.

FRP Advisory Group Stock Performance

FRP Advisory Group stock traded down GBX 0.10 during midday trading on Friday, hitting GBX 139.90. The stock had a trading volume of 1,536,936 shares, compared to its average volume of 755,014. FRP Advisory Group has a 52-week low of GBX 113.50 and a 52-week high of GBX 160.99. The company has a market capitalization of £360.71 million, a PE ratio of 15.67 and a beta of 0.48. The firm’s fifty day moving average is GBX 142.12 and its two-hundred day moving average is GBX 132.97. The company has a current ratio of 2.68, a quick ratio of 2.12 and a debt-to-equity ratio of 14.51.

Insider Activity at FRP Advisory Group

In related news, insider Gavin Jones sold 44,080 shares of FRP Advisory Group stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of GBX 137, for a total transaction of £60,389.60. 4.26% of the stock is owned by insiders.

FRP Advisory Group Company Profile

FRP provide solutions to create, preserve and recover value across a range of complex situations.

Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other.