Porvair (LON:PRV) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Porvair (LON:PRV)‘s stock had its “buy” rating reiterated by 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 price target would suggest a potential upside of 18.51% from the stock’s current price.

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

Porvair Trading Up 1.8%

PRV traded up GBX 16 during trading on Thursday, reaching GBX 886. The company had a trading volume of 71,040 shares, compared to its average volume of 64,865. The stock has a market cap of £409.38 million, a P/E ratio of 21.93 and a beta of 0.52. The business has a 50 day simple moving average of GBX 871.79 and a 200-day simple moving average of GBX 817.01. Porvair has a 52 week low of GBX 678.82 and a 52 week high of GBX 938. The company has a quick ratio of 1.22, a current ratio of 1.94 and a debt-to-equity ratio of 14.49.

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.