Judges Scientific (LON:JDG) Given New £113.10 Price Target at Berenberg Bank

Judges Scientific (LON:JDG) had its price target cut by research analysts at Berenberg Bank from £124 ($156.90) to £113.10 ($143.11) in a research note issued to investors on Tuesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 25.67% from the stock’s current price.

A number of other research analysts have also weighed in on the company. Shore Capital restated a “house stock” rating on shares of Judges Scientific in a research report on Thursday, September 19th. Jefferies Financial Group started coverage on shares of Judges Scientific in a research report on Tuesday, September 3rd. They set a “buy” rating and a £122.30 ($154.75) price objective for the company.

Judges Scientific Stock Down 1.1 %

Shares of JDG opened at GBX 9,000 ($113.88) on Tuesday. Judges Scientific has a 12-month low of GBX 8,000 ($101.23) and a 12-month high of £122.50 ($155.00). The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.71. The company has a market capitalization of £597.60 million, a PE ratio of 4,712.04, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The business’s 50 day moving average is GBX 9,576.11 and its 200 day moving average is £102.59.

Insider Buying and Selling at Judges Scientific

In other news, insider Ralph Elman sold 25,791 shares of Judges Scientific stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of GBX 9,400 ($118.94), for a total transaction of £2,424,354 ($3,067,637.61). Also, insider David Cicurel sold 60,000 shares of the company’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of GBX 1,000 ($12.65), for a total transaction of £600,000 ($759,205.37). Over the last quarter, insiders have bought 9 shares of company stock worth $92,769 and have sold 86,021 shares worth $304,482,400. Company insiders own 18.75% of the company’s stock.

About Judges Scientific

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company offers engineering teaching and research equipment for universities, colleges, schools, and research centres; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries.