James Fisher and Sons (LON:FSJ) Stock Price Up 11.7% – Here’s What Happened

Shares of James Fisher and Sons plc (LON:FSJGet Free Report) shot up 11.7% during mid-day trading on Thursday . The stock traded as high as GBX 438 and last traded at GBX 434. 163,193 shares traded hands during mid-day trading, an increase of 256% from the average session volume of 45,812 shares. The stock had previously closed at GBX 388.50.

Analysts Set New Price Targets

FSJ has been the subject of a number of recent research reports. Canaccord Genuity Group increased their price objective on shares of James Fisher and Sons from GBX 400 to GBX 530 and gave the company a “buy” rating in a report on Wednesday, October 8th. Berenberg Bank assumed coverage on James Fisher and Sons in a research report on Thursday, January 22nd. They set a “buy” rating and a GBX 615 price objective on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 572.50.

Check Out Our Latest Analysis on FSJ

James Fisher and Sons Trading Up 12.5%

The firm has a market cap of £220.48 million, a price-to-earnings ratio of 5.04 and a beta of 0.64. The company has a debt-to-equity ratio of 185.53, a quick ratio of 1.12 and a current ratio of 0.77. The company has a 50 day moving average price of GBX 380.61 and a 200 day moving average price of GBX 368.13.

About James Fisher and Sons

(Get Free Report)

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com

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