Judges Scientific (LON:JDG) Given Buy Rating at Berenberg Bank

Judges Scientific (LON:JDG)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 5,600 price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 49.33% from the company’s previous close.

Separately, Shore Capital Group reissued a “house stock” rating on shares of Judges Scientific in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 6,490.

Judges Scientific Price Performance

JDG stock opened at GBX 3,750 on Wednesday. The company has a quick ratio of 0.65, a current ratio of 2.39 and a debt-to-equity ratio of 77.90. The firm has a market cap of £249.79 million, a price-to-earnings ratio of 46.07, a PEG ratio of 0.56 and a beta of 0.69. The company’s fifty day simple moving average is GBX 4,191.54 and its 200 day simple moving average is GBX 4,384.42. Judges Scientific has a 12-month low of GBX 3,480 and a 12-month high of GBX 6,500.

Insider Buying and Selling at Judges Scientific

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