Porvair (LON:PRV) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

Porvair (LON:PRV)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 1,050 target price on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 20.14% from the company’s current price.

Separately, Berenberg Bank cut their price target on Porvair from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a report on Thursday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 1,025.

Porvair Price Performance

LON:PRV traded down GBX 12 during trading hours on Thursday, reaching GBX 874. 19,122 shares of the company traded hands, compared to its average volume of 64,426. The firm’s 50-day moving average is GBX 871.55 and its 200-day moving average is GBX 818.34. The stock has a market cap of £403.83 million, a P/E ratio of 21.63 and a beta of 0.52. The company has a debt-to-equity ratio of 14.49, a current ratio of 1.94 and a quick ratio of 1.22. Porvair has a 1-year low of GBX 678.82 and a 1-year high of GBX 938.

Porvair Company Profile

Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications. The Laboratory segment is involved in the design and manufacture of instruments and consumables for use in environmental and bioscience laboratories with a focus on water analysis instruments, diagnostics, and sample preparation equipment.