Judges Scientific’s (JDG) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Judges Scientific (LON:JDG) in a research note published on Wednesday,London Stock Exchange reports. Berenberg Bank currently has a £106 ($136.47) target price on the stock.

Separately, Shore Capital restated a “house stock” rating on shares of Judges Scientific in a report on Wednesday, March 19th.

Judges Scientific Trading Up 0.5 %

LON:JDG traded up GBX 40 ($0.51) on Wednesday, reaching GBX 8,000 ($103.00). The stock had a trading volume of 9,418 shares, compared to its average volume of 21,010. Judges Scientific has a 12-month low of GBX 6,760 ($87.03) and a 12-month high of £122.50 ($157.72). The company has a market cap of £525.21 million, a price-to-earnings ratio of 35.17, a P/E/G ratio of 0.56 and a beta of 0.83. The firm’s fifty day moving average is GBX 7,495.38 and its two-hundred day moving average is GBX 8,555.01. The company has a debt-to-equity ratio of 70.79, a current ratio of 1.97 and a quick ratio of 0.65.

Judges Scientific (LON:JDG) last announced its quarterly earnings data on Wednesday, March 19th. The company reported GBX 283.40 ($3.65) earnings per share (EPS) for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. Equities analysts expect that Judges Scientific will post 402.5824271 EPS for the current fiscal year.

Judges Scientific Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, June 12th will be issued a dividend of GBX 74.80 ($0.96) per share. This is a positive change from Judges Scientific’s previous dividend of $29.70. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, June 12th. Judges Scientific’s dividend payout ratio is presently 43.09%.

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 22 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.