Clarkson (LON:CKN) Given New GBX 4,400 Price Target at Canaccord Genuity Group

Clarkson (LON:CKN) had its target price lifted by Canaccord Genuity Group from GBX 4,000 to GBX 4,400 in a report published on Monday morning, MarketBeat reports. Canaccord Genuity Group currently has a buy rating on the stock.

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 4,250 price target on shares of Clarkson in a research note on Wednesday, November 5th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 4,262.50.

Clarkson Stock Down 1.1%

CKN stock opened at GBX 4,120 on Monday. The company has a current ratio of 1.79, a quick ratio of 1.69 and a debt-to-equity ratio of 8.45. The company’s 50 day moving average is GBX 3,737.29 and its 200 day moving average is GBX 3,589.69. The stock has a market cap of £1.27 billion, a price-to-earnings ratio of 16.90 and a beta of 1.12. Clarkson has a 1-year low of GBX 2,630 and a 1-year high of GBX 4,535.

Insider Transactions at Clarkson

In other news, insider Constantin Cotzias bought 742 shares of the business’s stock in a transaction on Friday, October 17th. The stock was acquired at an average price of GBX 3,485 per share, with a total value of £25,858.70. 5.59% of the stock is currently owned by corporate insiders.

About Clarkson

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation. Its Financial segment provides investment banking services for maritime, oil services, and natural resources sectors; structured asset finance services and projects in the shipping, offshore, and real estate sectors; and project finance and bespoke asset finance solutions.