Judges Scientific’s (JDG) “Buy” Rating Reaffirmed at Jefferies Financial Group

Judges Scientific (LON:JDG)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a report released on Tuesday,London Stock Exchange reports. They currently have a GBX 7,380 price objective on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 32.26% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Shore Capital reissued a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 18th. Berenberg Bank reissued a “buy” rating and issued a GBX 7,900 price objective on shares of Judges Scientific in a research note on Thursday, September 11th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 7,640.

Judges Scientific Stock Performance

LON:JDG traded down GBX 140 during mid-day trading on Tuesday, hitting GBX 5,580. 11,868 shares of the stock were exchanged, compared to its average volume of 23,162. The firm’s 50-day simple moving average is GBX 6,153.60 and its 200 day simple moving average is GBX 6,966. Judges Scientific has a fifty-two week low of GBX 5,500 and a fifty-two week high of £103.50. The company has a debt-to-equity ratio of 70.79, a quick ratio of 0.65 and a current ratio of 1.97. The stock has a market capitalization of £371.01 million, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83.

Judges Scientific (LON:JDG) last posted its quarterly earnings data on Thursday, September 18th. The company reported GBX 141.40 EPS for the quarter. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%. As a group, equities analysts anticipate that Judges Scientific will post 402.5824271 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Lushani Kodituwakku acquired 1,224 shares of the stock in a transaction dated Friday, October 17th. The stock was purchased at an average cost of GBX 5,698 per share, with a total value of £69,743.52. Over the last 90 days, insiders purchased 1,775 shares of company stock worth $10,141,040. 10.83% of the stock is currently owned by corporate insiders.

Judges Scientific Company Profile

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 23 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.