Judges Scientific (LON:JDG) Earns “Buy” Rating from Berenberg Bank

Judges Scientific (LON:JDG)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report released on Thursday,Digital Look reports. They currently have a GBX 5,600 target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 23.35% from the stock’s current price.

Judges Scientific Stock Down 1.8%

Judges Scientific stock opened at GBX 4,540 on Thursday. Judges Scientific has a 52-week low of GBX 3,480 and a 52-week high of GBX 7,000. The firm has a 50 day moving average price of GBX 4,644.92 and a two-hundred day moving average price of GBX 4,711.44. The firm has a market cap of £302.41 million, a price-to-earnings ratio of 55.77, a PEG ratio of 0.56 and a beta of 0.72. The company has a debt-to-equity ratio of 77.90, a quick ratio of 0.65 and a current ratio of 2.39.

Insider Buying and Selling at Judges Scientific

In other news, insider Susan Nyman purchased 120 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average cost of GBX 4,880 per share, for a total transaction of £5,856. Also, insider Bradley Leonard Ormsby purchased 63 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average price of GBX 4,917 per share, for a total transaction of £3,097.71. Insiders bought a total of 305 shares of company stock valued at $1,495,245 in the last three months. Company insiders own 9.92% of the company’s stock.

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. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen’s Awards for innovation and export.

The Group’s companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.