Clarkson’s (CKN) Buy Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Clarkson (LON:CKN) in a research report released on Wednesday, MarketBeat.com reports. Peel Hunt currently has a GBX 4,250 price target on the stock.

A number of other equities analysts also recently commented on CKN. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 4,150 price objective on shares of Clarkson in a research note on Tuesday, August 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 4,250 target price on shares of Clarkson in a report on Tuesday, September 2nd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 4,025.

Clarkson Stock Performance

Shares of CKN opened at GBX 3,505 on Wednesday. Clarkson has a 12 month low of GBX 2,630 and a 12 month high of GBX 4,535. The firm has a fifty day simple moving average of GBX 3,549.52 and a 200 day simple moving average of GBX 3,443.54. The stock has a market capitalization of £1.08 billion, a price-to-earnings ratio of 14.38 and a beta of 1.12. The company has a current ratio of 1.79, a quick ratio of 1.69 and a debt-to-equity ratio of 8.45.

Insider Transactions at Clarkson

In other Clarkson news, insider Constantin Cotzias purchased 742 shares of the business’s stock in a transaction on Friday, October 17th. The stock was acquired at an average price of GBX 3,485 per share, with a total value of £25,858.70. 5.59% of the stock is owned by corporate insiders.

About Clarkson

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.