Braemar (LON:BMS) Earns “Buy” Rating from Canaccord Genuity Group

Braemar (LON:BMS)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a research report issued to clients and investors on Tuesday, MarketBeat reports. They presently have a GBX 320 target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 36.17% from the company’s current price.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 320 price objective on shares of Braemar in a research note on Thursday, July 2nd. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 320.

Braemar Stock Performance

BMS opened at GBX 235 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.66 and a debt-to-equity ratio of 41.63. Braemar has a fifty-two week low of GBX 203.11 and a fifty-two week high of GBX 249. The firm has a market cap of £75.17 million, a PE ratio of 36.95 and a beta of 0.50. The business has a fifty day simple moving average of GBX 226.11 and a 200-day simple moving average of GBX 228.62.

About Braemar

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.