Braemar’s (BMS) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Braemar (LON:BMS – Free Report) in a research report report published on Wednesday morning,Digital Look reports. The firm currently has a GBX 320 target price on the stock.

Braemar Stock Down 1.2%

Shares of LON:BMS opened at GBX 247 on Wednesday. The company has a current ratio of 1.68, a quick ratio of 1.23 and a debt-to-equity ratio of 39.83. The firm has a market cap of £79.01 million, a price-to-earnings ratio of 38.84 and a beta of 0.50. The stock’s 50-day moving average price is GBX 233.72 and its two-hundred day moving average price is GBX 227.77. Braemar has a 12-month low of GBX 203.11 and a 12-month high of GBX 252.97.

Braemar Company Profile

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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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