Clarkson (LON:CKN) Given New GBX 3,100 Price Target at JPMorgan Chase & Co.

Clarkson (LON:CKN) had its price target lifted by JPMorgan Chase & Co. from GBX 2,963 ($38.72) to GBX 3,100 ($40.51) in a research note published on Monday, ThisIsMoney.Co.Uk reports. The brokerage currently has an overweight rating on the stock.

Separately, Liberum Capital reiterated a buy rating and set a GBX 3,200 ($41.81) price target on shares of Clarkson in a report on Tuesday, August 20th.

LON:CKN opened at GBX 2,700 ($35.28) on Monday. The company has a debt-to-equity ratio of 15.26, a quick ratio of 1.62 and a current ratio of 1.63. The firm has a market cap of $815.07 million and a P/E ratio of 26.37. Clarkson has a fifty-two week low of GBX 1,834 ($23.96) and a fifty-two week high of GBX 2,910 ($38.02). The firm has a 50-day simple moving average of GBX 2,785.81 and a two-hundred day simple moving average of GBX 2,539.50.

Clarkson Company Profile

Clarkson PLC provides integrated shipping services worldwide. It operates through four segments: Broking, Financial, Support, and Research. The Broking segment includes services provided to ship owners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as arranges principal-to-principal cash-settled contracts for differences based upon standardized freight contracts.

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