Judges Scientific (LON:JDG) Given New GBX 5,600 Price Target at Berenberg Bank

Judges Scientific (LON:JDG) had its price objective trimmed by Berenberg Bank from GBX 7,900 to GBX 5,600 in a research report sent to investors on Thursday, MarketBeat reports. The brokerage currently has a buy rating on the stock.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 7,380 target price on shares of Judges Scientific in a research note on Tuesday, November 4th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Judges Scientific currently has an average rating of “Buy” and an average price target of GBX 6,490.

Judges Scientific Trading Down 16.4%

Shares of JDG stock opened at GBX 4,800 on Thursday. The company has a market capitalization of £319.25 million, a P/E ratio of 29.45, a P/E/G 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. The firm has a 50-day moving average price of GBX 5,515.29 and a 200 day moving average price of GBX 6,088.34.

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. 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.