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

Canaccord Genuity Group restated their buy rating on shares of Braemar (LON:BMS) in a research report sent to investors on Tuesday, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 320 target price on the stock.

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

Braemar Trading Up 1.3%

Braemar stock opened at GBX 235 on Tuesday. The firm has a market cap of £75.17 million, a price-to-earnings ratio of 36.95 and a beta of 0.50. Braemar has a 1 year low of GBX 203.11 and a 1 year high of GBX 249. The firm’s 50 day moving average price is GBX 226.11 and its two-hundred day moving average price is GBX 228.62. The company has a debt-to-equity ratio of 41.63, a quick ratio of 1.23 and a current ratio of 1.66.

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.