Canaccord Genuity Group Reaffirms “Buy” Rating for Braemar (LON:BMS)

Braemar (LON:BMS)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity Group in a research report issued on Tuesday, Marketbeat reports. They currently have a GBX 320 price objective on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 40.97% from the company’s current price.

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

Braemar Price Performance

Braemar stock opened at GBX 227 on Tuesday. The stock has a market capitalization of £72.61 million, a P/E ratio of 35.69 and a beta of 0.50. The company’s fifty day moving average price is GBX 225.89 and its 200 day moving average price is GBX 228.61. The company has a debt-to-equity ratio of 41.63, a quick ratio of 1.23 and a current ratio of 1.66. Braemar has a 1 year low of GBX 203.11 and a 1 year high of GBX 249.

Braemar Company Profile

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.