4imprint Group (LON:FOUR) Price Target Cut to GBX 5,140 by Analysts at Berenberg Bank

Key Points

• Berenberg Bank has lowered its price target for 4imprint Group (LON:FOUR) from GBX 5,755 to GBX 5,140, while maintaining a "buy" rating.
• The current price for 4imprint Group is GBX 3,360, suggesting a potential upside of 52.98% if the new target is reached.
• The company has experienced insider trading, with Michelle Brukwicki selling 550 shares at an average price of GBX 3,410.

4imprint Group (LON:FOUR - Free Report) had its target price reduced by Berenberg Bank from GBX 5,755 ($77.40) to GBX 5,140 ($69.13) in a research report released on Wednesday, Marketbeat.com reports. Berenberg Bank currently has a buy rating on the stock.

4imprint Group Stock Performance

LON:FOUR traded down GBX 65 ($0.87) during midday trading on Wednesday, reaching GBX 3,180 ($42.77). The stock had a trading volume of 52,510 shares, compared to its average volume of 205,989. The firm has a fifty day simple moving average of GBX 3,573.27 and a two-hundred day simple moving average of GBX 3,989.02. 4imprint Group has a 12-month low of GBX 2,915 ($39.21) and a 12-month high of GBX 6,050 ($81.37). The company has a quick ratio of 1.53, a current ratio of 1.81 and a debt-to-equity ratio of 8.12. The stock has a market cap of £1.13 billion, a P/E ratio of 10.13, a P/E/G ratio of 0.58 and a beta of 0.98.

Insider Activity at 4imprint Group

In other 4imprint Group news, insider Michelle Brukwicki sold 550 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of GBX 3,410 ($45.86), for a total transaction of £18,755 ($25,225.29). Insiders own 2.10% of the company's stock.

4imprint Group Company Profile

4imprint Group plc, together with its subsidiaries, operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland. The company markets apparel, bags, drinkware, stationery, writing, outdoors and leisure, trade show and signage, auto, home and tools, technology, wellness and safety, and awards and office products under the Crossland, Refresh, and Taskright brands.