Porvair (LON:PRV) Stock Rating Reaffirmed as Buy by Deutsche Bank Aktiengesellschaft

Porvair (LON:PRV)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 1,050 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 18.38% from the company’s previous close.

Separately, Berenberg Bank dropped their price objective on Porvair from GBX 1,050 to GBX 1,000 and set a “buy” rating on the stock in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Porvair currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,025.

Porvair Stock Performance

Shares of LON PRV opened at GBX 887 on Thursday. The company has a debt-to-equity ratio of 14.49, a quick ratio of 1.22 and a current ratio of 1.94. The stock has a 50 day moving average price of GBX 871.79 and a 200 day moving average price of GBX 817.01. The stock has a market capitalization of £409.84 million, a PE ratio of 21.96 and a beta of 0.52. Porvair has a 52 week low of GBX 678.82 and a 52 week high of GBX 938.

Porvair Company Profile

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.