Judges Scientific's (JDG) "Buy" Rating Reiterated 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.

Berenberg Bank restated their buy rating on shares of Judges Scientific (LON:JDG - Free Report) in a research note released on Thursday, MarketBeat Ratings reports. They currently have a GBX 7,900 price target on the stock.

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

Judges Scientific Stock Up 1.7%

Shares of LON:JDG traded up GBX 102.50 on Thursday, hitting GBX 6,162.50. 19,077 shares of the company's stock were exchanged, compared to its average volume of 23,136. Judges Scientific has a 1-year low of GBX 5,715 and a 1-year high of £107. The company has a market capitalization of £409.74 million, a PE ratio of 3,996.43, a P/E/G ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 70.79, a quick ratio of 0.65 and a current ratio of 1.97. The firm's 50-day moving average is GBX 6,747.27 and its 200 day moving average is GBX 7,257.65.

Insider Buying and Selling

In other Judges Scientific news, insider Charles Holroyd purchased 524 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The stock was purchased at an average price of GBX 6,675 per share, for a total transaction of £34,977. Also, insider Ian Wilcock purchased 6 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The shares were acquired at an average price of GBX 6,188 per share, with a total value of £371.28. Insiders acquired a total of 548 shares of company stock worth $3,617,776 in the last 90 days. Company insiders own 10.83% 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.