Clarkson (LON:CKN – Free Report) had its price objective boosted by Berenberg Bank from GBX 5,250 to GBX 5,925 in a report released on Tuesday, Marketbeat Ratings reports. They currently have a buy rating on the stock.
Separately, Canaccord Genuity Group upgraded shares of Clarkson to a “hold” rating and lifted their target price for the company from GBX 4,400 to GBX 4,650 in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 5,031.25.
View Our Latest Stock Analysis on Clarkson
Clarkson Stock Down 0.2%
Clarkson (LON:CKN – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported GBX 147.60 earnings per share (EPS) for the quarter. Clarkson had a net margin of 10.40% and a return on equity of 14.50%. On average, equities analysts predict that Clarkson will post 283.011583 EPS for the current year.
Insiders Place Their Bets
In related news, insider Constantin Cotzias acquired 1,127 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was acquired at an average price of GBX 4,412 per share, for a total transaction of £49,723.24. Also, insider Jeff Woyda sold 60,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of GBX 4,778, for a total transaction of £2,866,800. 5.37% of the stock is currently owned by insiders.
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.
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