Braemar (LON:BMS) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Braemar Plc (LON:BMSGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 225.81 and traded as high as GBX 237. Braemar shares last traded at GBX 237, with a volume of 59,865 shares trading hands.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a GBX 320 target price on shares of Braemar in a research report on Thursday, July 2nd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 320 price target on shares of Braemar in a research report on Thursday, May 21st. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 320.

Get Our Latest Stock Analysis on BMS

Braemar Trading Up 3.0%

The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 41.63. The company has a market cap of £75.81 million, a price-to-earnings ratio of 37.26 and a beta of 0.50. The firm has a 50-day moving average price of GBX 236.44 and a 200 day moving average price of GBX 225.81.

About Braemar

(Get Free Report)

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.

Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.

For more information, including our investor presentation, please visit www.braemar.com.

See Also

Receive News & Ratings for Braemar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braemar and related companies with MarketBeat.com's FREE daily email newsletter.