4imprint Group (LON:FOUR) Receives Buy Rating from Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of 4imprint Group (LON:FOUR) in a research report released on Wednesday, Marketbeat.com reports. The brokerage currently has a GBX 7,365 ($93.61) price target on the stock.

4imprint Group Stock Up 0.1 %

Shares of LON FOUR opened at GBX 6,046.80 ($76.85) on Wednesday. 4imprint Group has a 12-month low of GBX 4,075 ($51.79) and a 12-month high of GBX 6,780 ($86.17). The stock has a market cap of £1.70 billion, a PE ratio of 2,660.79, a P/E/G ratio of 0.58 and a beta of 0.97. The company has a current ratio of 2.05, a quick ratio of 1.53 and a debt-to-equity ratio of 9.15. The company has a 50-day moving average of GBX 6,274.90 and a 200 day moving average of GBX 5,405.51.

4imprint Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, May 2nd will be paid a dividend of $1.50 per share. This represents a yield of 2.01%. The ex-dividend date is Thursday, May 2nd. This is a boost from 4imprint Group’s previous dividend of $0.65. 4imprint Group’s dividend payout ratio is currently 7,400.88%.

Insider Activity

In other news, insider Kevin Lyons-Tarr sold 5,098 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of GBX 6,210 ($78.93), for a total value of £316,585.80 ($402,371.38). Corporate insiders own 2.32% of the company’s stock.

About 4imprint Group

4imprint Group plc, together with its subsidiaries, operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland. The company markets apparel, bags, drinkware, stationery, writing, outdoors and leisure, trade show and signage, auto, home and tools, technology, wellness and safety, and awards and office products under the Crossland, Refresh, and Taskright brands.