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

Braemar (LON:BMS – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 320 price target on the stock. Canaccord Genuity Group‘s price objective points to a potential upside of 32.23% from the stock’s previous close.

Braemar Price Performance

BMS stock opened at GBX 242 on Wednesday. The company has a debt-to-equity ratio of 41.63, a quick ratio of 1.23 and a current ratio of 1.66. The firm has a 50 day moving average price of GBX 232.34 and a 200-day moving average price of GBX 227.45. Braemar has a 52-week low of GBX 203.11 and a 52-week high of GBX 250. The firm has a market capitalization of £77.41 million, a price-to-earnings ratio of 38.05 and a beta of 0.50.

About Braemar

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Braemar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braemar and related companies with MarketBeat.com's FREE daily email newsletter.