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

Clarkson (LON:CKNGet Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 4,500 ($55.07) price objective on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 7.53% from the company’s previous close.

Clarkson Stock Down 0.4 %

Shares of LON:CKN traded down GBX 15 ($0.18) during midday trading on Tuesday, hitting GBX 4,185 ($51.21). 42,833 shares of the stock were exchanged, compared to its average volume of 533,937. 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 has a 52-week low of GBX 3,360 ($41.12) and a 52-week high of GBX 4,675 ($57.21). The business’s fifty day simple moving average is GBX 3,882.48 and its two-hundred day simple moving average is GBX 3,882.42. The company has a market capitalization of £1.28 billion, a PE ratio of 1,561.57 and a beta of 1.12.

Clarkson Company Profile

(Get Free Report)

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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