Braemar’s (BMS) “Buy” Rating Reiterated at Jefferies Financial Group

Braemar (LON:BMSGet Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research note issued on Thursday,London Stock Exchange reports. They presently have a GBX 320 target price on the stock. Jefferies Financial Group’s price target indicates a potential upside of 35.02% from the stock’s previous close.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 320 price target on shares of Braemar in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 320.

View Our Latest Report on BMS

Braemar Stock Down 0.8%

LON:BMS opened at GBX 237 on Thursday. Braemar has a one year low of GBX 203.11 and a one year high of GBX 260. The company has a debt-to-equity ratio of 41.63, a current ratio of 1.66 and a quick ratio of 1.23. The company has a market cap of £76.07 million, a PE ratio of 37.26 and a beta of 0.46. The firm’s 50 day simple moving average is GBX 231.54 and its 200 day simple moving average is GBX 224.46.

Insider Buying and Selling

In related news, insider James Christopher Duchar Gundy sold 103,088 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of GBX 220, for a total value of £226,793.60. 16.48% of the stock is owned by insiders.

About Braemar

(Get Free Report)

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.

Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.

For more information, including our investor presentation, please visit www.braemar.com.

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