Braemar (LON:BMS) Price Target Cut to GBX 350 by Analysts at Canaccord Genuity Group

Braemar (LON:BMS) had its price target cut by Canaccord Genuity Group from GBX 380 ($4.91) to GBX 350 ($4.52) in a report issued on Monday, Marketbeat reports. They currently have a buy rating on the stock.

Braemar Trading Down 3.8 %

Shares of BMS opened at GBX 250 ($3.23) on Monday. The firm has a market cap of £80.67 million, a P/E ratio of 16.25 and a beta of 1.17. The company has a debt-to-equity ratio of 43.61, a current ratio of 1.42 and a quick ratio of 1.23. Braemar has a 1 year low of GBX 221.01 ($2.86) and a 1 year high of GBX 317.64 ($4.10). The company has a 50 day simple moving average of GBX 257.52 and a two-hundred day simple moving average of GBX 261.30.

Braemar Company Profile

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.