Berenberg Bank Reiterates “Buy” Rating for James Fisher and Sons (LON:FSJ)

James Fisher and Sons (LON:FSJ)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a research report issued to clients and investors on Thursday,Digital Look reports. They presently have a GBX 850 price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 83.98% from the company’s current price.

James Fisher and Sons Trading Up 2.0%

James Fisher and Sons stock opened at GBX 462 on Thursday. The business has a 50 day moving average price of GBX 475.70 and a two-hundred day moving average price of GBX 468.39. The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of 108.62. The stock has a market cap of £233.24 million, a price-to-earnings ratio of -53.10 and a beta of 0.80. James Fisher and Sons has a 12 month low of GBX 320 and a 12 month high of GBX 554.

Insider Activity at James Fisher and Sons

In related news, insider Jean Vernet sold 11,170 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of GBX 499, for a total value of £55,738.30. Insiders own 2.12% of the company’s stock.

About James Fisher and Sons

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com