Panmure Gordon Reiterates “Buy” Rating for Clarkson (CKN)
Clarkson (LON:CKN)‘s stock had its “buy” rating restated by analysts at Panmure Gordon in a research report issued to clients and investors on Monday, Analyst Ratings Network reports. They currently have a GBX 2,500 ($41.00) price objective on the stock. Panmure Gordon’s price objective points to a potential upside of 25.06% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Clarkson in a research note to investors on Monday. They now have a GBX 2,050 ($33.62) price target on the stock.
Shares of Clarkson (LON:CKN) traded up 8.75% during mid-day trading on Monday, hitting GBX 2174.00. 8,433 shares of the company’s stock traded hands. Clarkson has a one year low of GBX 1170.00 and a one year high of GBX 2441.00. The stock has a 50-day moving average of GBX 2030. and a 200-day moving average of GBX 2003.. The company’s market cap is £404.4 million.
Clarkson PLC is an investment holding company. Its subsidiaries are involved in the provision of shipping related services.
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