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

Berenberg Bank reaffirmed their buy rating on shares of Judges Scientific (LON:JDG) in a research report report published on Tuesday morning,London Stock Exchange reports. The brokerage currently has a GBX 5,600 price objective on the stock.

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Judges Scientific in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 6,490.

Judges Scientific Price Performance

Judges Scientific stock opened at GBX 4,250 on Tuesday. The stock has a 50-day moving average price of GBX 4,569.05 and a two-hundred day moving average price of GBX 5,315.07. Judges Scientific has a 12 month low of GBX 3,480 and a 12 month high of GBX 9,120. The company has a market capitalization of £283.05 million, a PE ratio of 26.07, a P/E/G ratio of 0.56 and a beta of 0.66. The company has a current ratio of 2.48, a quick ratio of 0.65 and a debt-to-equity ratio of 74.92.

Judges Scientific (LON:JDG) last released its quarterly earnings results on Tuesday, March 31st. The company reported GBX 275.30 earnings per share for the quarter. Judges Scientific had a return on equity of 12.26% and a net margin of 7.69%.The company had revenue of £145.80 million for the quarter. Analysts expect that Judges Scientific will post 402.5824271 EPS for the current year.

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.