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

Porvair (LON:PRV)‘s stock had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft in a report released on Thursday, Digital Look reports. They currently have a GBX 1,050 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 17.98% from the stock’s current price.

Separately, Berenberg Bank dropped their price target 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 research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,025.

Porvair Trading Up 2.3%

Shares of LON PRV traded up GBX 20 during trading on Thursday, reaching GBX 890. The company had a trading volume of 20,981 shares, compared to its average volume of 64,613. Porvair has a 12 month low of GBX 678.82 and a 12 month 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. The stock has a market cap of £411.22 million, a P/E ratio of 22.03 and a beta of 0.52. The company’s fifty day moving average price is GBX 871.79 and its 200-day moving average price is GBX 817.01.

About Porvair

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.