Judges Scientific’s (JDG) House Stock Rating Reaffirmed at Shore Capital Group

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

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 5,600 price target on shares of Judges Scientific in a research report on Thursday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Judges Scientific has an average rating of “Buy” and an average price target of GBX 6,490.

Judges Scientific Trading Down 1.6%

LON JDG opened at GBX 4,550 on Thursday. Judges Scientific has a 52 week low of GBX 3,480 and a 52 week high of GBX 7,000. The company has a 50 day moving average price of GBX 4,633.92 and a 200 day moving average price of GBX 4,703.20. The company has a quick ratio of 0.65, a current ratio of 2.39 and a debt-to-equity ratio of 77.90. The firm has a market cap of £303.08 million, a PE ratio of 55.90, a price-to-earnings-growth ratio of 0.56 and a beta of 0.72.

Insider Transactions at Judges Scientific

In related news, insider Ralph Elman bought 122 shares of the stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average cost of GBX 4,917 per share, for a total transaction of £5,998.74. Also, insider Bradley Leonard Ormsby bought 63 shares of the company’s stock in a transaction on Friday, July 17th. The shares were bought at an average cost of GBX 4,917 per share, for a total transaction of £3,097.71. Over the last 90 days, insiders have acquired 305 shares of company stock worth $1,495,245. Insiders own 9.92% of the company’s stock.

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.