Clarkson PLC (CKN) Stock Rating Reaffirmed by Liberum Capital
Clarkson PLC (LON:CKN)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research note issued on Thursday. They presently have a GBX 3,300 ($42.62) price target on the stock. Liberum Capital’s target price points to a potential upside of 15.79% from the company’s previous close.
Separately, J P Morgan Chase & Co started coverage on shares of Clarkson PLC in a research note on Wednesday. They issued an “overweight” rating and a GBX 3,223 ($41.62) price objective on the stock.
Shares of Clarkson PLC (LON CKN) traded down 3.16% during trading on Thursday, reaching GBX 2850.00. The company’s stock had a trading volume of 11,381 shares. The stock’s 50-day moving average is GBX 2,724.76 and its 200-day moving average is GBX 2,703.56. The stock’s market cap is GBX 857.85 million. Clarkson PLC has a 12-month low of GBX 1,910.00 and a 12-month high of GBX 3,033.00.
Clarkson PLC (LON:CKN) last announced its quarterly earnings data on Monday, August 14th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by $0.01. Clarkson PLC had a return on equity of 7.49% and a net margin of 10.40%. Equities research analysts anticipate that Clarkson PLC will post $114.20 earnings per share for the current fiscal year.
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In other news, insider Jeff Woyda sold 37,674 shares of the firm’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of GBX 2,475 ($31.96), for a total value of £932,431.50 ($1,204,225.11).
About Clarkson PLC
Clarkson PLC is a United Kingdom-based company, which provides integrated shipping services. The Company’s segments include Broking, Financial, Support and Research. The Company’s Broking division represents services provided to ship owners and charterers in the transportation by sea of a range of cargoes.
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