Judges Scientific (LON:JDG) Given House Stock Rating at Shore Capital

Shore Capital reiterated their house stock rating on shares of Judges Scientific (LON:JDG) in a report released on Thursday, Marketbeat.com reports.

Other analysts have also issued reports about the company. Berenberg Bank cut their price objective on Judges Scientific from GBX 7,900 to GBX 5,600 and set a “buy” rating for the company in a report on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 7,380 price target on shares of Judges Scientific in a research note on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Judges Scientific has a consensus rating of “Buy” and an average price target of GBX 6,490.

Judges Scientific Stock Down 16.4%

JDG stock opened at GBX 4,800 on Thursday. The company has a 50 day moving average of GBX 5,515.29 and a two-hundred day moving average of GBX 6,088.34. The company has a market cap of £319.25 million, a price-to-earnings ratio of 29.45, a PEG ratio of 0.56 and a beta of 0.83. Judges Scientific has a 12-month low of GBX 4,400 and a 12-month high of GBX 9,120. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.79.

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 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. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen’s Awards for innovation and export.

The Group’s companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.