Jefferies Financial Group Reiterates “Buy” Rating for Braemar (LON:BMS)

Braemar (LON:BMS)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a report issued on Thursday,London Stock Exchange reports. They presently have a GBX 320 price target on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 35.02% from the company’s current price.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 320 price target on shares of Braemar in a report on Thursday, May 21st. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Braemar has a consensus rating of “Buy” and an average price target of GBX 320.

Braemar Price Performance

BMS stock opened at GBX 237 on Thursday. The company has a quick ratio of 1.23, a current ratio of 1.66 and a debt-to-equity ratio of 41.63. The firm has a market cap of £76.07 million, a price-to-earnings ratio of 37.26 and a beta of 0.46. The company’s fifty day simple moving average is GBX 231.54 and its 200 day simple moving average is GBX 224.46. Braemar has a 12-month low of GBX 203.11 and a 12-month high of GBX 260.

Insider Buying and Selling

In other Braemar news, insider James Christopher Duchar Gundy sold 103,088 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of GBX 220, for a total value of £226,793.60. Insiders own 16.48% of the company’s stock.

About Braemar

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.

Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.

For more information, including our investor presentation, please visit www.braemar.com.