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

Porvair (LON:PRV)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday, Digital Look reports. They currently have a GBX 1,050 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 20.14% 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. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 1,025.

Porvair Trading Down 1.4%

LON:PRV traded down GBX 12 during mid-day trading on Thursday, reaching GBX 874. The company’s stock had a trading volume of 19,122 shares, compared to its average volume of 64,426. The company’s fifty day simple moving average is GBX 871.03 and its two-hundred day simple moving average is GBX 818.73. The company has a debt-to-equity ratio of 14.49, a current ratio of 1.94 and a quick ratio of 1.22. Porvair has a twelve month low of GBX 678.82 and a twelve month high of GBX 938. The stock has a market cap of £403.83 million, a P/E ratio of 21.63 and a beta of 0.52.

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.