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

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

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

Porvair Stock Up 1.8%

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

Insiders Place Their Bets

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