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

Berenberg Bank reissued their buy rating on shares of Judges Scientific (LON:JDG) in a research note published on Thursday morning, MarketBeat Ratings reports. The firm currently has a GBX 7,900 price target on the stock.

Separately, Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a research note on Thursday, July 24th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 7,900.

Judges Scientific Stock Performance

Shares of LON JDG opened at GBX 6,110 on Thursday. The stock’s fifty day simple moving average is GBX 6,849.31 and its 200 day simple moving average is GBX 7,296.25. The stock has a market capitalization of £406.25 million, a price-to-earnings ratio of 3,962.39, a PEG ratio of 0.56 and a beta of 0.83. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.79. Judges Scientific has a 52-week low of GBX 5,715 and a 52-week high of £108.

Insider Activity at Judges Scientific

In other news, insider David Cicurel sold 315 shares of the stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of GBX 6,400, for a total value of £20,160. Also, insider Charles Holroyd purchased 524 shares of the firm’s stock in a transaction that occurred on Thursday, July 24th. The shares were bought at an average price of GBX 6,675 per share, with a total value of £34,977. Over the last ninety days, insiders have acquired 548 shares of company stock valued at $3,617,776. Company insiders own 10.83% 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.