Berenberg Bank Reiterates “Buy” Rating for Judges Scientific (LON:JDG)

Judges Scientific (LON:JDG)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research note issued to investors on Wednesday, Marketbeat reports. They currently have a £106 ($137.23) price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 30.86% from the stock’s previous close.

Separately, Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a report on Wednesday, March 19th.

Judges Scientific Price Performance

JDG stock opened at GBX 8,100 ($104.87) on Wednesday. The company has a market capitalization of £531.78 million, a P/E ratio of 35.61, a PEG ratio of 0.56 and a beta of 0.83. The company has a fifty day moving average price of GBX 7,505.38 and a 200-day moving average price of GBX 8,551.85. The company has a debt-to-equity ratio of 70.79, a quick ratio of 0.65 and a current ratio of 1.97. Judges Scientific has a 52-week low of GBX 6,760 ($87.52) and a 52-week high of £122.50 ($158.60).

Judges Scientific (LON:JDG) last released its earnings results on Wednesday, March 19th. The company reported GBX 283.40 ($3.67) earnings per share for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. As a group, equities analysts expect that Judges Scientific will post 402.5824271 EPS for the current year.

About Judges Scientific

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 22 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.