Liberum Capital restated their buy rating on shares of Clarkson PLC (LON:CKN) in a report published on Thursday morning. They currently have a GBX 3,300 ($42.62) target price on the stock.

Separately, J P Morgan Chase & Co assumed coverage on Clarkson PLC in a research note on Wednesday. They issued an overweight rating and a GBX 3,223 ($41.62) target price for the company.

Clarkson PLC (LON:CKN) opened at 2850.00 on Thursday. The stock’s market cap is GBX 857.85 million. The stock has a 50 day moving average price of GBX 2,724.76 and a 200 day moving average price of GBX 2,703.56. Clarkson PLC has a 1-year low of GBX 1,910.00 and a 1-year high of GBX 3,033.00.

Clarkson PLC (LON:CKN) last issued its quarterly earnings data on Monday, August 14th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by $0.01. Clarkson PLC had a net margin of 10.40% and a return on equity of 7.49%. On average, analysts predict that Clarkson PLC will post $114.20 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This report was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/09/10/liberum-capital-reaffirms-buy-rating-for-clarkson-plc-ckn.html.

The company also recently announced a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, September 7th will be paid a GBX 23 ($0.30) dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 0.86%.

In related news, insider Jeff Woyda sold 37,674 shares of the firm’s stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of GBX 2,475 ($31.96), for a total value of £932,431.50 ($1,204,225.11).

Clarkson PLC Company Profile

Clarkson PLC is a United Kingdom-based company, which provides integrated shipping services. The Company’s segments include Broking, Financial, Support and Research. The Company’s Broking division represents services provided to ship owners and charterers in the transportation by sea of a range of cargoes.

Receive News & Stock Ratings for Clarkson PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clarkson PLC and related stocks with our FREE daily email newsletter.