Berenberg Bank Reiterates Buy Rating for Judges Scientific (LON:JDG)

Judges Scientific (LON:JDG)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a note issued to investors on Thursday, Marketbeat Ratings reports. They currently have a £124 ($163.80) price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 22.77% from the company’s current price.

JDG has been the topic of several other research reports. Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a report on Thursday, August 29th. Jefferies Financial Group initiated coverage on shares of Judges Scientific in a research report on Tuesday, September 3rd. They issued a “buy” rating and a £122.30 ($161.56) price objective for the company.

Judges Scientific Price Performance

Shares of LON JDG opened at £101 ($133.42) on Thursday. The stock has a fifty day moving average price of £104.33 and a 200 day moving average price of £107.26. Judges Scientific has a 1-year low of GBX 7,300 ($96.43) and a 1-year high of £122.50 ($161.82). The company has a debt-to-equity ratio of 79.06, a current ratio of 1.87 and a quick ratio of 0.65. The company has a market cap of £670.64 million, a PE ratio of 7,013.89, a P/E/G ratio of 0.56 and a beta of 0.83.

Insider Activity at Judges Scientific

In related news, insider Bradley Leonard Ormsby bought 4 shares of the stock in a transaction on Thursday, September 5th. The shares were bought at an average cost of £110 ($145.31) per share, for a total transaction of £440 ($581.24). Company insiders own 21.88% of the company’s stock.

Judges Scientific Company Profile

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company offers engineering teaching and research equipment for universities, colleges, schools, and research centres; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries.