Benchmark (LON:BMK) Receives “Buy” Rating from Numis Securities

Numis Securities reaffirmed their buy rating on shares of Benchmark (LON:BMK) in a report issued on Tuesday morning, Analyst Price Targets reports. Numis Securities currently has a GBX 80 ($1.05) price objective on the stock.

Shares of BMK stock traded up GBX 3 ($0.04) during mid-day trading on Tuesday, reaching GBX 65 ($0.85). 115,629 shares of the company were exchanged, compared to its average volume of 326,909. Benchmark has a fifty-two week low of GBX 28 ($0.37) and a fifty-two week high of GBX 68 ($0.89). The company has a debt-to-equity ratio of 37.33, a quick ratio of 2.52 and a current ratio of 3.51. The company has a market capitalization of £435.60 million and a P/E ratio of -15.12. The business’s 50 day simple moving average is GBX 61.42 and its 200 day simple moving average is GBX 58.82.

In related news, insider Yngve Myhre purchased 150,000 shares of the firm’s stock in a transaction dated Tuesday, March 30th. The stock was acquired at an average price of GBX 59 ($0.77) per share, with a total value of £88,500 ($115,625.82).

About Benchmark

Benchmark Holdings plc, together with its subsidiaries, provides technical services, products, and specialist knowledge that support the development of food and farming industries worldwide. The company operates through Genetics, Advanced Nutrition, and Health segments. The Genetics segment offers salmon breeding technologies and production facilities to the harnesses industry to provide a range of genetic merit ova.

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