Judges Scientific’s (JDG) “House Stock” Rating Reiterated at Shore Capital

Shore Capital restated their house stock rating on shares of Judges Scientific (LON:JDG) in a research report sent to investors on Thursday morning, MarketBeat Ratings reports.

Several other research analysts have also recently weighed in on the company. Jefferies Financial Group began coverage on Judges Scientific in a report on Tuesday, September 3rd. They set a buy rating and a £122.30 ($161.56) target price on the stock. Berenberg Bank reissued a buy rating and set a £124 ($163.80) price objective on shares of Judges Scientific in a research note on Thursday.

Judges Scientific Stock Performance

LON:JDG opened at £101 ($133.42) on Thursday. The company has a market cap of £670.64 million, a P/E ratio of 5,315.79, a P/E/G ratio of 0.56 and a beta of 0.83. Judges Scientific has a twelve month low of GBX 7,300 ($96.43) and a twelve month high of £122.50 ($161.82). The company’s 50-day moving average price is £104.33 and its 200-day moving average price is £107.24. The company has a current ratio of 1.87, a quick ratio of 0.65 and a debt-to-equity ratio of 79.06.

Judges Scientific Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 10th will be paid a dividend of GBX 29.70 ($0.39) per share. This represents a yield of 0.29%. The ex-dividend date is Thursday, October 10th. Judges Scientific’s dividend payout ratio (DPR) is presently 5,000.00%.

Insider Activity

In other news, insider Bradley Leonard Ormsby purchased 4 shares of Judges Scientific stock in a transaction dated Thursday, September 5th. The shares were purchased at an average price of £110 ($145.31) per share, with a total value of £440 ($581.24). Corporate insiders own 21.88% 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.