Canaccord Genuity Group Downgrades James Fisher and Sons (LON:FSJ) to Hold

James Fisher and Sons (LON:FSJ) was downgraded by investment analysts at Canaccord Genuity Group to a “hold” rating in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 375 ($4.90) target price on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 9.19% from the stock’s current price.

James Fisher and Sons Price Performance

Shares of LON:FSJ opened at GBX 343.43 ($4.49) on Thursday. The business has a 50 day moving average price of GBX 339.78 and a 200 day moving average price of GBX 303.45. James Fisher and Sons has a twelve month low of GBX 238.73 ($3.12) and a twelve month high of GBX 369 ($4.83). The company has a market cap of £173.06 million, a price-to-earnings ratio of -340.03 and a beta of 0.65. The company has a quick ratio of 1.12, a current ratio of 1.39 and a debt-to-equity ratio of 187.75.

About James Fisher and Sons

James Fisher and Sons plc operates as an engineering services company worldwide. It operates through three segments: Energy, Defence, and Maritime Transport. It offers oil and gas solutions, such as decommissioning, digital twin, diving and remotely operated vehicle (ROV), heat suppression, hazardous area design and engineering, lifting and handling, marine, ship-to-ship transfer, and subsea services, as well as artificial lifts, compressors and breathing air systems, diving systems and equipment, offshore monitoring systems, and ROVs.