Key Points
- Porvair insider James Mills bought 3,897 shares at GBX 890 each, investing a total of £34,683.30.
- Porvair shares opened at GBX 890, up 1.8%, with a market capitalization of approximately £411.22 million and a one-year trading range of GBX 678.82 to GBX 938.
- Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of GBX 1,025.
Porvair plc (LON:PRV - Get Free Report) insider James Mills acquired 3,897 shares of Porvair stock in a transaction dated Thursday, October 15th. The shares were bought at an average price of GBX 890 per share, for a total transaction of £34,683.30.
Porvair Trading Up 1.8%
Porvair stock opened at GBX 890 on Tuesday. Porvair plc has a 1 year low of GBX 678.82 and a 1 year high of GBX 938. The firm's 50 day moving average price is GBX 870.99 and its 200-day moving average price is GBX 820.67. The company has a debt-to-equity ratio of 14.49, a current ratio of 1.94 and a quick ratio of 1.22. The stock has a market cap of £411.22 million, a P/E ratio of 22.03 and a beta of 0.52.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on PRV shares. Berenberg Bank reduced their price target on shares of Porvair from GBX 1,050 to GBX 1,000 and set a "buy" rating on the stock in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 1,050 price objective on shares of Porvair in a report on Thursday, October 15th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,025.
Read Our Latest Stock Analysis on PRV
Porvair Company Profile
(
Get Free Report)
Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications. The Laboratory segment is involved in the design and manufacture of instruments and consumables for use in environmental and bioscience laboratories with a focus on water analysis instruments, diagnostics, and sample preparation equipment.
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