Shore Capital Reaffirms House Stock Rating for Judges Scientific (LON:JDG)

Judges Scientific (LON:JDG)‘s stock had its “house stock” rating reaffirmed by equities researchers at Shore Capital in a report released on Thursday, MarketBeat Ratings reports.

A number of other research firms have also weighed in on JDG. Berenberg Bank reduced their target price on Judges Scientific from GBX 7,900 to GBX 5,600 and set a “buy” rating on the stock in a research note on Thursday. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 7,380 price target on shares of Judges Scientific in a research note on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 6,490.

Judges Scientific Stock Down 11.5%

Shares of LON JDG opened at GBX 5,080.10 on Thursday. Judges Scientific has a 12-month low of GBX 4,400 and a 12-month high of GBX 9,120. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.79. The firm’s 50-day moving average price is GBX 5,521.04 and its 200-day moving average price is GBX 6,097.35. The stock has a market capitalization of £337.88 million, a price-to-earnings ratio of 31.17, a P/E/G ratio of 0.56 and a beta of 0.83.

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. 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.