Clarkson (LON:CKN)‘s stock had its “buy” rating reiterated by Liberum Capital in a report issued on Tuesday, Digital Look reports. They currently have a GBX 3,200 ($41.81) target price on the stock. Liberum Capital’s price objective points to a potential upside of 33.89% from the stock’s current price.
Separately, JPMorgan Chase & Co. boosted their price objective on shares of Clarkson from GBX 2,787 ($36.42) to GBX 2,963 ($38.72) and gave the company an “overweight” rating in a research report on Tuesday, August 13th.
Shares of LON:CKN opened at GBX 2,390 ($31.23) on Tuesday. The company has a quick ratio of 1.62, a current ratio of 1.63 and a debt-to-equity ratio of 15.26. Clarkson has a fifty-two week low of GBX 1,834 ($23.96) and a fifty-two week high of GBX 2,910 ($38.02). The firm has a 50-day simple moving average of GBX 2,545.80 and a 200 day simple moving average of GBX 2,460.80. The company has a market cap of $724.17 million and a PE ratio of 23.34.
Clarkson PLC provides integrated shipping services worldwide. It operates through four segments: Broking, Financial, Support, and Research. The Broking segment includes services provided to ship owners 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 arranges principal-to-principal cash-settled contracts for differences based upon standardized freight contracts.
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