Braemar’s (BMS) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Braemar (LON:BMS)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a report issued on Tuesday, Marketbeat.com reports. They presently have a GBX 320 target price on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 37.34% from the company’s previous close.

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 320 target price on shares of Braemar in a report on Thursday, July 2nd. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 320.

Braemar Stock Performance

Shares of BMS opened at GBX 233 on Tuesday. The stock has a market capitalization of £74.53 million, a P/E ratio of 36.64 and a beta of 0.50. The firm’s fifty day simple moving average is GBX 225.79 and its two-hundred day simple moving average is GBX 228.63. The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 41.63. Braemar has a 12 month low of GBX 203.11 and a 12 month high of GBX 249.

Braemar Company Profile

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.

Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.

For more information, including our investor presentation, please visit www.braemar.com.