FRP Advisory Group (LON:FRP) Earns “Buy” Rating from Berenberg Bank

FRP Advisory Group (LON:FRP)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a note issued to investors on Thursday,London Stock Exchange reports. They currently have a GBX 220 target price on the stock. Berenberg Bank’s target price suggests a potential upside of 57.12% from the stock’s current price.

FRP Advisory Group Stock Performance

LON FRP opened at GBX 140.02 on Thursday. The business has a 50 day moving average price of GBX 142.48 and a 200 day moving average price of GBX 135.05. The company has a market capitalization of £351.92 million, a P/E ratio of 15.68 and a beta of 0.48. FRP Advisory Group has a 1-year low of GBX 113.50 and a 1-year high of GBX 151.97. The company has a debt-to-equity ratio of 14.51, a current ratio of 2.68 and a quick ratio of 2.12.

FRP Advisory Group (LON:FRP) last posted its earnings results on Thursday, December 18th. The company reported GBX 6.35 earnings per share for the quarter. FRP Advisory Group had a return on equity of 30.26% and a net margin of 17.16%. Sell-side analysts expect that FRP Advisory Group will post 10.5042017 EPS for the current fiscal year.

About FRP Advisory Group

FRP provide solutions to create, preserve and recover value across a range of complex situations.

Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other.