Canaccord Genuity Group Reiterates “Buy” Rating for Braemar (LON:BMS)

Braemar (LON:BMSGet Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 320 price objective on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 39.13% from the company’s current price.

Braemar Stock Performance

Shares of BMS opened at GBX 230 on Wednesday. The company has a debt-to-equity ratio of 43.61, a quick ratio of 1.23 and a current ratio of 1.42. The company has a market capitalization of £70.08 million, a price-to-earnings ratio of 13.87 and a beta of 1.17. The company’s 50 day simple moving average is GBX 243.28 and its 200 day simple moving average is GBX 239.27. Braemar has a 1 year low of GBX 195 and a 1 year high of GBX 284.

About Braemar

(Get Free Report)

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.

Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.

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