Shares of Clarkson PLC (LON:CKN – Get Free Report) were up 0.1% on Friday. The stock traded as high as GBX 4,716 and last traded at GBX 4,649.49. Approximately 57,027 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 257,836 shares. The stock had previously closed at GBX 4,646.
Wall Street Analyst Weigh In
A number of brokerages recently commented on CKN. Berenberg Bank increased their price target on Clarkson from GBX 5,925 to GBX 6,025 and gave the company a “buy” rating in a report on Wednesday, October 7th. Deutsche Bank boosted their price objective on shares of Clarkson from GBX 4,950 to GBX 5,300 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 5,550 price objective on shares of Clarkson in a research note on Thursday, October 15th. Three equities research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 5,625.
Check Out Our Latest Analysis on Clarkson
Clarkson Stock Performance
The stock has a market cap of £1.43 billion, a price-to-earnings ratio of 18.57 and a beta of 0.70. The company has a debt-to-equity ratio of 10.87, a quick ratio of 1.69 and a current ratio of 1.69. The company’s 50 day simple moving average is GBX 5,036.79 and its 200 day simple moving average is GBX 4,732.55.
Clarkson Company Profile
Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation. Its Financial segment provides investment banking services for maritime, oil services, and natural resources sectors; structured asset finance services and projects in the shipping, offshore, and real estate sectors; and project finance and bespoke asset finance solutions.
See Also
- Five stocks we like better than Clarkson
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for Clarkson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clarkson and related companies with MarketBeat.com's FREE daily email newsletter.
