Judges Scientific’s (JDG) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Judges Scientific (LON:JDG) in a report released on Wednesday morning,Digital Look reports. Berenberg Bank currently has a GBX 5,600 target price on the stock.

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, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 6,490.

Judges Scientific Stock Performance

Shares of LON:JDG opened at GBX 3,600 on Wednesday. The firm has a 50 day moving average of GBX 4,139.48 and a 200 day moving average of GBX 4,371.14. The company has a quick ratio of 0.65, a current ratio of 2.62 and a debt-to-equity ratio of 76.68. The company has a market capitalization of £239.80 million, a price-to-earnings ratio of 44.23, a price-to-earnings-growth ratio of 0.56 and a beta of 0.69. Judges Scientific has a 52 week low of GBX 3,480 and a 52 week high of GBX 6,380.

Judges Scientific (LON:JDG) last announced its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 39 earnings per share (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 predict that Judges Scientific will post 402.5824271 earnings per share for the current fiscal year.

Insider Activity

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