Judges Scientific (LON:JDG) Stock Keeps “Buy” Rating at Berenberg Bank

Judges Scientific (LON:JDG)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 5,600 target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 55.56% from the stock’s current price.

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Judges Scientific in a research note on Thursday, July 23rd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Judges Scientific presently has a consensus rating of “Buy” and a consensus price target of GBX 6,490.

Judges Scientific Trading Down 2.7%

Shares of Judges Scientific stock opened at GBX 3,600 on Wednesday. The stock has a fifty day simple moving average of GBX 4,139.48 and a 200 day simple moving average of GBX 4,371.14. Judges Scientific has a 12-month low of GBX 3,480 and a 12-month high of GBX 6,380. The company has a market capitalization of £239.80 million, a P/E ratio of 44.23, a price-to-earnings-growth ratio of 0.56 and a beta of 0.69. The company has a current ratio of 2.62, a quick ratio of 0.65 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 EPS for the quarter. Judges Scientific had a negative return on equity of 0.72% and a negative net margin of 0.46%. On average, sell-side analysts anticipate that Judges Scientific will post 402.5824271 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

About Judges Scientific

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.