Judges Scientific (LON:JDG) Earns “Buy” Rating from Berenberg Bank

Judges Scientific (LON:JDG)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a report released on Wednesday, September 23rd, Digital Look reports. They presently have a GBX 5,600 target price on the stock. Berenberg Bank’s price objective indicates a potential upside of 55.12% from the stock’s previous close.

Separately, Shore Capital Group reissued a “house stock” rating on shares of Judges Scientific in a research report on Thursday, July 23rd. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Judges Scientific currently has an average rating of “Buy” and a consensus price target of GBX 6,490.

Judges Scientific Trading Up 1.3%

JDG traded up GBX 45 during midday trading on Wednesday, hitting GBX 3,610. 122,738 shares of the company were exchanged, compared to its average volume of 22,016. The firm’s 50 day moving average price is GBX 4,099.56 and its 200-day moving average price is GBX 4,366.39. Judges Scientific has a 1-year low of GBX 3,480 and a 1-year high of GBX 6,380. The firm has a market capitalization of £240.46 million, a P/E ratio of 44.35, a P/E/G ratio of 0.56 and a beta of 0.69. The company has a quick ratio of 0.65, a current ratio of 2.62 and a debt-to-equity ratio of 76.68.

Judges Scientific (LON:JDG) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 39 earnings per share for the quarter. Judges Scientific had a negative return on equity of 0.72% and a negative net margin of 0.46%. As a group, equities analysts forecast that Judges Scientific will post 402.5824271 EPS for the current fiscal year.

Insider Transactions at Judges Scientific

In other Judges Scientific news, insider Ralph Elman acquired 122 shares of the stock in a transaction dated Friday, July 17th. The stock was purchased at an average cost of GBX 4,917 per share, with a total value of £5,998.74. Also, insider Bradley Leonard Ormsby acquired 63 shares of the company’s stock in a transaction dated Friday, July 17th. The stock was acquired at an average cost of GBX 4,917 per share, for a total transaction of £3,097.71. Company insiders own 9.92% of the company’s stock.

Judges Scientific Company Profile

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.