Clarkson (LON:CKN - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Canaccord Genuity Group in a research report issued on Tuesday, Marketbeat.com reports. They currently have a GBX 4,500 ($54.94) target price on the stock. Canaccord Genuity Group's price objective suggests a potential upside of 7.53% from the company's previous close.
Clarkson Stock Performance
Shares of CKN traded down GBX 15 ($0.18) during mid-day trading on Tuesday, hitting GBX 4,185 ($51.09). 42,833 shares of the company traded hands, compared to its average volume of 533,937. Clarkson has a 1 year low of GBX 3,360 ($41.02) and a 1 year high of GBX 4,675 ($57.07). The company has a debt-to-equity ratio of 8.39, a quick ratio of 1.69 and a current ratio of 1.79. The stock has a 50-day moving average price of GBX 3,893.68 and a two-hundred day moving average price of GBX 3,882.74. The stock has a market cap of £1.28 billion, a price-to-earnings ratio of 1,561.57 and a beta of 1.12.
About Clarkson
(
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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.
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