Porvair’s (PRV) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

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

Separately, Berenberg Bank reduced 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 research note on Thursday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,025.

Porvair Price Performance

PRV traded up GBX 16 on Thursday, reaching GBX 890. The stock had a trading volume of 127,363 shares, compared to its average volume of 64,739. Porvair has a fifty-two week low of GBX 678.82 and a fifty-two week high of GBX 938. The firm has a 50-day moving average of GBX 870.99 and a 200-day moving average of 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. The company has a market capitalization of £411.22 million, a price-to-earnings ratio of 22.03 and a beta of 0.52.

Insider Buying and Selling at Porvair

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

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.