Berenberg Bank Reaffirms Buy Rating for FRP Advisory Group (LON:FRP)

FRP Advisory Group (LON:FRP)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a note issued to investors on Thursday,London Stock Exchange reports. They currently have a GBX 220 price target on the stock. Berenberg Bank’s price target indicates a potential upside of 67.94% from the company’s previous close.

FRP Advisory Group Price Performance

FRP opened at GBX 131 on Thursday. The stock’s 50 day simple moving average is GBX 142.05 and its 200 day simple moving average is GBX 135.06. The company has a debt-to-equity ratio of 14.51, a current ratio of 2.68 and a quick ratio of 2.12. FRP Advisory Group has a 1 year low of GBX 113.50 and a 1 year high of GBX 151. The firm has a market cap of £329.25 million, a price-to-earnings ratio of 14.67 and a beta of 0.48.

FRP Advisory Group (LON:FRP) last released its quarterly earnings data on Thursday, December 18th. The company reported GBX 6.35 earnings per share for the quarter. FRP Advisory Group had a return on equity of 30.26% and a net margin of 17.16%. As a group, analysts predict that FRP Advisory Group will post 10.5042017 earnings per share for the current year.

FRP Advisory Group Company Profile

FRP provide solutions to create, preserve and recover value across a range of complex situations.

Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other. We draw on experts within each of our service areas to put the best people in place for each circumstance.

Working across the board, from multinational organisations to small enterprises, we develop effective strategies for all kinds of businesses.