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FRP Advisory Group (LON:FRP) Shares Up 1.5% - Time to Buy?

FRP Advisory Group logo with Financial Services background

Key Points

  • FRP Advisory Group's share price increased by 1.5% to GBX 126.84 ($1.72) during trading, despite a 36% decline in average daily trading volume.
  • Berenberg Bank has reaffirmed a "buy" rating for FRP Advisory Group with a price target of GBX 220 ($2.99).
  • The company reported a return on equity of 30.26% and a net margin of 17.16%, indicating strong financial performance.
  • Interested in FRP Advisory Group? Here are five stocks we like better.

FRP Advisory Group plc (LON:FRP - Get Free Report) shares rose 1.5% during mid-day trading on Wednesday . The stock traded as high as GBX 127 ($1.72) and last traded at GBX 126.84 ($1.72). Approximately 380,260 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 591,175 shares. The stock had previously closed at GBX 125 ($1.70).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 220 ($2.98) price objective on shares of FRP Advisory Group in a research note on Wednesday, July 23rd.

View Our Latest Stock Report on FRP

FRP Advisory Group Stock Up 1.2%

The company has a market capitalization of £321.51 million, a PE ratio of 13.97 and a beta of 0.48. The firm's 50-day simple moving average is GBX 124.88 and its 200 day simple moving average is GBX 130.18. The company has a debt-to-equity ratio of 14.51, a quick ratio of 2.12 and a current ratio of 2.68.

FRP Advisory Group (LON:FRP - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported GBX 11.06 ($0.15) EPS for the quarter. FRP Advisory Group had a net margin of 17.16% and a return on equity of 30.26%. As a group, equities research analysts forecast that FRP Advisory Group plc will post 10.5042017 earnings per share for the current year.

About FRP Advisory Group

(Get Free Report)

FRP provide solutions to create, preserve and recover value across a range of complex situations. Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other.

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