Braemar (LON:BMS) Stock Keeps Buy Rating at Canaccord Genuity Group

Braemar (LON:BMS)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. They presently have a GBX 320 price target on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 38.53% from the company’s current price.

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 320 target price on shares of Braemar in a research note on Thursday, July 2nd. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Braemar currently has a consensus rating of “Buy” and a consensus target price of GBX 320.

Braemar Trading Down 0.9%

BMS stock opened at GBX 231 on Tuesday. Braemar has a 12 month low of GBX 203.11 and a 12 month high of GBX 249. The firm’s 50-day moving average is GBX 225.89 and its 200 day moving average is GBX 228.61. The company has a market capitalization of £73.89 million, a PE ratio of 36.32 and a beta of 0.50. The company has a debt-to-equity ratio of 41.63, a current ratio of 1.66 and a quick ratio of 1.23.

About Braemar

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.

For more information, including our investor presentation, please visit www.braemar.com.