Shares of Clarkson PLC (LON:CKN – Get Rating) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 4,089.29 ($50.09).
Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 3,655 ($44.77) price target on shares of Clarkson in a research report on Thursday, May 5th.
In related news, insider Jeff Woyda sold 1,211 shares of the stock in a transaction that occurred on Tuesday, May 17th. The shares were sold at an average price of GBX 3,254 ($39.86), for a total value of £39,405.94 ($48,267.93).
Clarkson Company Profile (Get Rating)
Clarkson PLC provides integrated shipping services worldwide. The company operates through four segments: Broking, Financial, Support, and Research. The Broking segment offers services 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 futures broking operation.
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