Jefferies Financial Group Reaffirms Buy Rating for Judges Scientific (LON:JDG)

Judges Scientific (LON:JDG)‘s stock had its “buy” rating reaffirmed by Jefferies Financial Group in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They presently have a GBX 7,380 target price on the stock. Jefferies Financial Group’s target price suggests a potential upside of 32.26% from the stock’s current price.

A number of other equities analysts have also commented on JDG. Shore Capital reaffirmed a “house stock” rating on shares of Judges Scientific in a report on Thursday, September 18th. Berenberg Bank reiterated a “buy” rating and issued a GBX 7,900 price objective on shares of Judges Scientific in a research report on Thursday, September 11th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 7,640.

Judges Scientific Stock Performance

LON JDG traded down GBX 140 on Tuesday, hitting GBX 5,580. 11,868 shares of the stock traded hands, compared to its average volume of 23,162. The business’s fifty day moving average is GBX 6,153.60 and its two-hundred day moving average is GBX 6,966. Judges Scientific has a 12 month low of GBX 5,500 and a 12 month high of £103.50. The firm has a market capitalization of £371.01 million, a price-to-earnings ratio of 34.23, a PEG ratio of 0.56 and a beta of 0.83. The company has a debt-to-equity ratio of 70.79, a quick ratio of 0.65 and a current ratio of 1.97.

Judges Scientific (LON:JDG) last announced its quarterly earnings data on Thursday, September 18th. The company reported GBX 141.40 earnings per share for the quarter. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%. As a group, equities analysts anticipate that Judges Scientific will post 402.5824271 EPS for the current fiscal year.

Insider Activity

In other Judges Scientific news, insider Lushani Kodituwakku bought 387 shares of the business’s stock in a transaction that occurred on Friday, October 17th. The shares were bought at an average cost of GBX 5,800 per share, with a total value of £22,446. Insiders bought 1,775 shares of company stock valued at $10,141,040 over the last quarter. 10.83% of the stock is owned by company insiders.

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.