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

Berenberg Bank reiterated their buy rating on shares of Judges Scientific (LON:JDG) in a research report report published on Thursday morning,Digital Look reports. They currently have a GBX 5,600 target price on the stock.

Judges Scientific Stock Down 1.6%

Shares of LON JDG opened at GBX 4,550 on Thursday. The company has a current ratio of 2.39, a quick ratio of 0.65 and a debt-to-equity ratio of 77.90. The company has a market cap of £303.08 million, a price-to-earnings ratio of 55.90, a PEG ratio of 0.56 and a beta of 0.72. Judges Scientific has a 12 month low of GBX 3,480 and a 12 month high of GBX 7,000. The stock has a 50-day moving average price of GBX 4,633.92 and a two-hundred day moving average price of GBX 4,703.20.

Insider Buying and Selling

In related news, insider Bradley Leonard Ormsby acquired 63 shares of the stock in a transaction that occurred on Friday, July 17th. The stock was acquired at an average cost of GBX 4,917 per share, for a total transaction of £3,097.71. Also, insider Ralph Elman acquired 122 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average cost of GBX 4,917 per share, with a total value of £5,998.74. Insiders purchased a total of 305 shares of company stock worth $1,495,245 in the last three months. 9.92% of the stock is owned by corporate insiders.

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.