Clarkson (LON:CKN) Given Buy Rating at Canaccord Genuity Group

Clarkson (LON:CKN)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a report released on Tuesday,Digital Look reports. They presently have a GBX 4,500 ($55.07) price target on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 7.53% from the stock’s current price.

Clarkson Trading Down 0.4 %

Clarkson stock traded down GBX 15 ($0.18) during trading on Tuesday, hitting GBX 4,185 ($51.21). The company’s stock had a trading volume of 42,833 shares, compared to its average volume of 533,937. The stock has a market capitalization of £1.28 billion, a price-to-earnings ratio of 1,561.57 and a beta of 1.12. The stock’s fifty day moving average is GBX 3,882.48 and its 200 day moving average is GBX 3,882.42. Clarkson has a 1-year low of GBX 3,360 ($41.12) and a 1-year high of GBX 4,675 ($57.21). The company has a debt-to-equity ratio of 8.39, a quick ratio of 1.69 and a current ratio of 1.79.

Clarkson Company Profile

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.