Porvair (LON:PRV) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Porvair (LON:PRV)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, October 15th, Digital Look reports. They presently have a GBX 1,050 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s price target would suggest a potential upside of 24.70% from the company’s current price.

Separately, Berenberg Bank decreased their price target on Porvair from GBX 1,050 to GBX 1,000 and set a “buy” rating for the company in a research note on Thursday, October 15th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Porvair presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,025.

Porvair Stock Performance

LON PRV traded down GBX 28 on Thursday, hitting GBX 842. The stock had a trading volume of 19,758 shares, compared to its average volume of 64,106. The company’s 50-day moving average is GBX 870.43 and its two-hundred day moving average is GBX 822.92. Porvair has a one year low of GBX 678.82 and a one year high of GBX 938. The stock has a market cap of £389.05 million, a price-to-earnings ratio of 20.84 and a beta of 0.52. The company has a quick ratio of 1.22, a current ratio of 1.94 and a debt-to-equity ratio of 14.49.

Insider Buying and Selling at Porvair

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

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.