James Fisher and Sons (LON:FSJ) Price Target Raised to GBX 850

by · The Markets Daily

James Fisher and Sons (LON:FSJ – Get Free Report) had its price target raised by investment analysts at Berenberg Bank from GBX 790 to GBX 850 in a note issued to investors on Tuesday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 66.91% from the company’s previous close.

James Fisher and Sons Stock Up 5.2%

FSJ traded up GBX 25.25 during trading on Tuesday, hitting GBX 509.25. 56,475 shares of the company’s stock traded hands, compared to its average volume of 68,805. The stock has a market capitalization of £257.09 million, a price-to-earnings ratio of -58.53 and a beta of 0.80. The company’s 50 day simple moving average is GBX 479.96 and its two-hundred day simple moving average is GBX 448.99. James Fisher and Sons has a 12-month low of GBX 320 and a 12-month high of GBX 554. The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 108.62.

Insiders Place Their Bets

In related news, insider Jean Vernet sold 11,170 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of GBX 499, for a total value of £55,738.30. 2.07% of the stock is currently owned by company insiders.

About James Fisher and Sons

(Get Free Report)

James Fisher and Sons plc is a leading provider of unique marine solutions in Energy, Defence and Maritime Transport. The Group pioneers safe, innovative solutions that solve complex customer challenges for industries and governments around the world.

For more information visit www.james-fisher.com

Read More