Clarkson (LON:CKN – Free Report) had its target price cut by Canaccord Genuity Group from GBX 4,500 ($58.36) to GBX 4,000 ($51.87) in a research note published on Wednesday morning, Marketbeat.com reports. They currently have a buy rating on the stock.
Separately, Berenberg Bank cut their price target on Clarkson from GBX 5,075 ($65.82) to GBX 4,800 ($62.25) and set a “buy” rating on the stock in a report on Tuesday.
Clarkson Price Performance
Clarkson (LON:CKN – Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The company reported GBX 286.90 ($3.72) earnings per share for the quarter. Clarkson had a return on equity of 17.96% and a net margin of 13.10%. Analysts forecast that Clarkson will post 283.011583 EPS for the current fiscal year.
Clarkson Company Profile
Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners 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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