Porvair (LON:PRV) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Porvair (LON:PRV)‘s stock had its “buy” rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, Digital Look reports. They presently have a GBX 1,050 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 17.98% from the company’s current price.

Separately, Berenberg Bank cut their price objective on shares of Porvair from GBX 1,050 to GBX 1,000 and set a “buy” rating on the stock in a report on Thursday, October 15th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Porvair has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,025.

Porvair Price Performance

PRV opened at GBX 890 on Thursday. The company has a debt-to-equity ratio of 14.49, a current ratio of 1.94 and a quick ratio of 1.22. The stock has a market capitalization of £411.22 million, a price-to-earnings ratio of 22.03 and a beta of 0.52. The business has a 50-day moving average of GBX 870.99 and a two-hundred day moving average of GBX 820.67. Porvair has a 12 month low of GBX 678.82 and a 12 month high of GBX 938.

Insider Buying and Selling at Porvair

In related news, insider James Mills acquired 3,897 shares of the stock in a transaction dated Thursday, October 15th. The stock was bought at an average cost of GBX 890 per share, with a total value of £34,683.30. Also, insider Hooman Caman Javvi acquired 5,567 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were purchased at an average price of GBX 890 per share, with a total value of £49,546.30. 1.83% of the stock is owned by insiders.

About Porvair

Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications. The Laboratory segment is involved in the design and manufacture of instruments and consumables for use in environmental and bioscience laboratories with a focus on water analysis instruments, diagnostics, and sample preparation equipment.