Porvair (LON:PRV) Stock Rating Reaffirmed by Berenberg Bank

Porvair (LON:PRV)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a note issued to investors on Tuesday, Marketbeat reports. They currently have a GBX 800 ($10.12) price target on the stock. Berenberg Bank’s price target points to a potential upside of 26.98% from the stock’s current price.

Separately, Shore Capital restated a “hold” rating on shares of Porvair in a report on Monday.

Porvair Stock Down 0.3 %

Porvair stock opened at GBX 630 ($7.97) on Tuesday. The company has a debt-to-equity ratio of 11.52, a quick ratio of 1.22 and a current ratio of 2.22. Porvair has a 52-week low of GBX 522 ($6.60) and a 52-week high of GBX 745.70 ($9.43). The firm has a 50 day moving average price of GBX 658.84 and a two-hundred day moving average price of GBX 641.93. The firm has a market cap of £292.07 million, a price-to-earnings ratio of 1,800.00 and a beta of 0.76.

Insider Transactions at Porvair

In related news, insider James Mills acquired 4,250 shares of Porvair stock in a transaction dated Friday, April 19th. The stock was bought at an average price of GBX 620 ($7.84) per share, with a total value of £26,350 ($33,329.12). Insiders own 22.91% of the company’s stock.

Porvair Company Profile

Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications.