Berenberg Bank Issues Positive Forecast for James Fisher and Sons (LON:FSJ) Stock Price

James Fisher and Sons (LON:FSJ) had its price objective raised by analysts at Berenberg Bank from GBX 790 to GBX 850 in a report issued on Tuesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 66.91% from the stock’s current price.

James Fisher and Sons Price Performance

James Fisher and Sons stock traded up GBX 25.25 during mid-day trading on Tuesday, reaching GBX 509.25. 56,475 shares of the company’s stock traded hands, compared to its average volume of 68,805. The stock has a 50 day moving average of GBX 479.96 and a two-hundred day moving average of GBX 448.99. The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of 108.62. The company has a market cap of £257.09 million, a price-to-earnings ratio of -58.53 and a beta of 0.80. James Fisher and Sons has a 12-month low of GBX 320 and a 12-month high of GBX 554.

Insider Transactions at James Fisher and Sons

In other James Fisher and Sons news, insider Jean Vernet sold 11,170 shares of James Fisher and Sons stock in a transaction on Monday, June 8th. The shares were sold at an average price of GBX 499, for a total transaction of £55,738.30. 2.07% of the stock is currently owned by corporate insiders.

About James Fisher and Sons

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com