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

Key Points

• Berenberg Bank has restated its "buy" rating for Judges Scientific (LON:JDG), with a price target of GBX 7,900, indicating a potential upside of 25.40% from its current price.
• Shore Capital has also maintained a "house stock" rating for Judges Scientific, while the stock has a consensus rating of "Buy" from analysts based on MarketBeat.com.
• Insider Charles Holroyd purchased 524 shares at an average cost of GBX 6,675 per share, contributing to a total of 548 shares acquired by insiders over the past 90 days.

Judges Scientific (LON:JDG - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Berenberg Bank in a report issued on Thursday,Digital Look reports. They currently have a GBX 7,900 price target on the stock. Berenberg Bank's target price suggests a potential upside of 25.40% from the stock's current price.

Separately, Shore Capital restated a "house stock" rating on shares of Judges Scientific in a research report on Thursday, July 24th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of GBX 7,900.

Judges Scientific Price Performance

Shares of LON JDG opened at GBX 6,300 on Thursday. The firm's 50-day simple moving average is GBX 6,901.11 and its 200 day simple moving average is GBX 7,309.98. The company has a market cap of £418.89 million, a price-to-earnings ratio of 4,085.60, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.79. Judges Scientific has a 12-month low of GBX 5,715 and a 12-month high of £108.

Insider Activity

In related news, insider Charles Holroyd purchased 524 shares of the stock in a transaction dated Thursday, July 24th. The stock was bought at an average cost of GBX 6,675 per share, with a total value of £34,977. Also, insider Ian Wilcock purchased 6 shares of the stock in a transaction dated Tuesday, August 5th. The stock was bought at an average cost of GBX 6,188 per share, with a total value of £371.28. Insiders purchased a total of 548 shares of company stock valued at $3,617,776 in the last ninety days. 10.83% of the stock is owned by 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.

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