Clarkson (LON:CKN) Insider Buys £50,725.28 in Stock

Clarkson PLC (LON:CKN) insider Constantin Cotzias bought 1,097 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average price of GBX 4,624 per share, with a total value of £50,725.28.

Clarkson Stock Down 0.7%

Shares of LON CKN opened at GBX 4,545 on Monday. The stock has a market capitalization of £1.40 billion, a P/E ratio of 18.64 and a beta of 0.89. The company has a debt-to-equity ratio of 10.66, a current ratio of 1.78 and a quick ratio of 1.69. Clarkson PLC has a one year low of GBX 2,630 and a one year high of GBX 4,780. The firm’s 50 day simple moving average is GBX 4,266.48 and its two-hundred day simple moving average is GBX 3,866.51.

Clarkson (LON:CKN) last released its quarterly earnings data on Monday, March 9th. The company reported GBX 225.80 EPS for the quarter. Clarkson had a return on equity of 12.93% and a net margin of 10.41%. As a group, analysts expect that Clarkson PLC will post 283.011583 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CKN. Berenberg Bank increased their price target on shares of Clarkson from GBX 4,750 to GBX 5,250 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft increased their price objective on Clarkson from GBX 4,850 to GBX 4,950 and gave the stock a “buy” rating in a report on Thursday. Finally, Canaccord Genuity Group restated a “hold” rating and set a GBX 4,400 target price on shares of Clarkson in a report on Thursday. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Clarkson has a consensus rating of “Moderate Buy” and an average price target of GBX 4,712.50.

Clarkson Company Profile

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. Its Financial segment provides investment banking services for maritime, oil services, and natural resources sectors; structured asset finance services and projects in the shipping, offshore, and real estate sectors; and project finance and bespoke asset finance solutions.