Stelrad Group (LON:SRAD – Get Free Report)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a report released on Friday,London Stock Exchange reports. They currently have a GBX 190 price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 25.33% from the company’s current price.
Stelrad Group Stock Performance
Shares of SRAD opened at GBX 151.60 on Friday. The company has a debt-to-equity ratio of 144.23, a current ratio of 1.78 and a quick ratio of 0.76. Stelrad Group has a one year low of GBX 115.88 and a one year high of GBX 174. The firm has a market capitalization of £193.07 million, a P/E ratio of 229.70 and a beta of 0.40. The business has a fifty day moving average of GBX 152.50 and a 200 day moving average of GBX 140.10.
Insider Activity
In other news, insider Katherine Innes Ker purchased 3,750 shares of the business’s stock in a transaction on Thursday, June 25th. The stock was acquired at an average cost of GBX 152 per share, for a total transaction of £5,700. Also, insider Martyn Coffey purchased 15,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average price of GBX 131 per share, with a total value of £19,650. Company insiders own 15.67% of the company’s stock.
Stelrad Group Company Profile
Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.
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