FRP Advisory Group’s (FRP) Buy Rating Reaffirmed at Berenberg Bank

FRP Advisory Group (LON:FRP)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 220 target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 57.26% from the stock’s current price.

FRP Advisory Group Stock Performance

FRP traded down GBX 0.10 during trading hours on Friday, hitting GBX 139.90. 1,536,936 shares of the stock were exchanged, compared to its average volume of 755,014. The stock has a market cap of £360.71 million, a price-to-earnings ratio of 15.67 and a beta of 0.48. FRP Advisory Group has a 12 month low of GBX 113.50 and a 12 month high of GBX 160.99. The stock has a 50-day simple moving average of GBX 142.06 and a 200-day simple moving average of GBX 132.93. The company has a debt-to-equity ratio of 14.51, a current ratio of 2.68 and a quick ratio of 2.12.

Insider Transactions at FRP Advisory Group

In related news, insider Gavin Jones sold 44,080 shares of FRP Advisory Group stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of GBX 137, for a total transaction of £60,389.60. Insiders own 4.26% of the company’s stock.

About FRP Advisory Group

FRP provide solutions to create, preserve and recover value across a range of complex situations.

Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other.