Judges Scientific’s (JDG) House Stock Rating Reiterated at Shore Capital Group

Shore Capital Group reissued their house stock rating on shares of Judges Scientific (LON:JDG) in a research note published on Thursday, MarketBeat reports.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 5,600 price target on shares of Judges Scientific in a research note on Thursday. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 6,490.

Judges Scientific Stock Performance

Shares of JDG opened at GBX 4,590 on Thursday. The firm’s 50 day moving average price is GBX 4,624.93 and its two-hundred day moving average price is GBX 4,702.41. Judges Scientific has a twelve month low of GBX 3,480 and a twelve month high of GBX 7,000. The firm has a market cap of £305.74 million, a P/E ratio of 56.39, a PEG ratio of 0.56 and a beta of 0.72. The company has a debt-to-equity ratio of 77.90, a quick ratio of 0.65 and a current ratio of 2.39.

Insider Buying and Selling

In other Judges Scientific news, insider Bradley Leonard Ormsby purchased 63 shares of the firm’s stock in a transaction on Friday, July 17th. The stock was purchased at an average cost of GBX 4,917 per share, for a total transaction of £3,097.71. Also, insider Ralph Elman acquired 122 shares of the stock in a transaction dated Friday, July 17th. The stock was acquired at an average cost of GBX 4,917 per share, with a total value of £5,998.74. Insiders bought 305 shares of company stock valued at $1,495,245 over the last quarter. Insiders own 9.92% of the company’s stock.

About Judges Scientific

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. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen’s Awards for innovation and export.

The Group’s companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.