Berenberg Bank Reiterates “Buy” Rating for Judges Scientific (LON:JDG)

Judges Scientific (LON:JDG – Get Free Report)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a report issued on Wednesday, Digital Look reports. They currently have a GBX 5,600 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 49.33% from the company’s current price.

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Judges Scientific in a report on Thursday, July 23rd. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 6,490.

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Judges Scientific Stock Performance

LON:JDG opened at GBX 3,750 on Wednesday. The stock has a market cap of £249.79 million, a P/E ratio of 46.07, a price-to-earnings-growth ratio of 0.56 and a beta of 0.69. The company has a current ratio of 2.39, a quick ratio of 0.65 and a debt-to-equity ratio of 77.90. The stock’s 50-day moving average is GBX 4,191.54 and its 200-day moving average is GBX 4,384.42. Judges Scientific has a 1-year low of GBX 3,480 and a 1-year high of GBX 6,500.

Insider Activity

In related news, insider Ralph Elman purchased 122 shares of Judges Scientific stock in a transaction on Friday, July 17th. The shares were purchased at an average price of GBX 4,917 per share, for a total transaction of £5,998.74. Also, insider Bradley Leonard Ormsby purchased 63 shares of Judges Scientific stock in a transaction 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. 9.92% of the stock is currently owned by insiders.

Judges Scientific Company Profile

(Get Free Report)

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.

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