Clarkson PLC (LON:CKN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Clarkson PLC (LON:CKN – Get Rating) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 4,089.29 ($50.09).

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 3,655 ($44.77) price target on shares of Clarkson in a research report on Thursday, May 5th.

In related news, insider Jeff Woyda sold 1,211 shares of the stock in a transaction that occurred on Tuesday, May 17th. The shares were sold at an average price of GBX 3,254 ($39.86), for a total value of £39,405.94 ($48,267.93).

CKN stock opened at GBX 2,940 ($36.01) on Thursday. The firm has a market cap of £896.64 million and a price-to-earnings ratio of 18.01. The firm has a 50-day simple moving average of GBX 3,299.10 and a two-hundred day simple moving average of GBX 3,467.26. Clarkson has a one year low of GBX 2,890 ($35.40) and a one year high of GBX 4,225 ($51.75). The company has a debt-to-equity ratio of 14.88, a quick ratio of 1.49 and a current ratio of 1.52.

Clarkson Company Profile (Get Rating)

Clarkson PLC provides integrated shipping services worldwide. The company operates through four segments: Broking, Financial, Support, and Research. The Broking segment offers services to ship owners 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.

Featured Articles