Judges Scientific (LON:JDG) Given New £113.10 Price Target at Berenberg Bank

Judges Scientific (LON:JDG - Free Report) had its price target cut by Berenberg Bank from £124 ($157.36) to £113.10 ($143.53) in a report issued on Tuesday,London Stock Exchange reports. They currently have a buy rating on the stock.

A number of other research firms have also recently issued reports on JDG. Shore Capital reissued a "house stock" rating on shares of Judges Scientific in a research note on Thursday, September 19th. Jefferies Financial Group started coverage on shares of Judges Scientific in a research report on Tuesday, September 3rd. They set a "buy" rating and a £122.30 ($155.20) price objective for the company.

Judges Scientific Trading Up 0.4 %

JDG stock traded up GBX 40 ($0.51) during midday trading on Tuesday, hitting GBX 9,100 ($115.48). 23,369 shares of the company's stock were exchanged, compared to its average volume of 14,819. Judges Scientific has a one year low of GBX 8,000 ($101.52) and a one year high of £122.50 ($155.46). The company has a debt-to-equity ratio of 70.71, a quick ratio of 0.65 and a current ratio of 1.97. The company has a market cap of £604.24 million, a PE ratio of 4,764.40, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The stock's fifty day moving average price is GBX 9,607.11 and its 200-day moving average price is £102.68.

Judges Scientific Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, October 10th were paid a GBX 29.70 ($0.38) dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a yield of 0.29%. Judges Scientific's payout ratio is currently 5,130.89%.

Insider Transactions at Judges Scientific

In other Judges Scientific news, insider Bradley Leonard Ormsby sold 230 shares of the company's stock in a transaction on Thursday, October 17th. The shares were sold at an average price of GBX 8,900 ($112.94), for a total transaction of £20,470 ($25,977.16). Also, insider David Cicurel sold 60,000 shares of Judges Scientific stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of GBX 1,000 ($12.69), for a total transaction of £600,000 ($761,421.32). In the last three months, insiders acquired 9 shares of company stock worth $92,769 and sold 86,021 shares worth $304,482,400. Company insiders own 18.75% of the company's stock.

About Judges Scientific

Judges Scientific plc designs, manufactures, and sells scientific instruments. The company offers engineering teaching and research equipment for universities, colleges, schools, and research centres; and research and development systems for food, beverage, dairy, edible oil, and pharmaceutical industries.