4imprint Group (LON:FOUR) Upgraded to “Buy” by Berenberg Bank

Berenberg Bank upgraded shares of 4imprint Group (LON:FOUR) to a buy rating in a research note released on Thursday, Digital Look reports. They currently have GBX 3,300 ($43.12) price target on the stock, up from their prior price target of GBX 2,150 ($28.09).

A number of other brokerages also recently issued reports on FOUR. Liberum Capital reaffirmed a hold rating on shares of 4imprint Group in a report on Friday, September 6th. FinnCap restated a corporate rating on shares of 4imprint Group in a research report on Wednesday, July 31st. Finally, Peel Hunt restated a buy rating on shares of 4imprint Group in a research report on Wednesday, September 4th.

LON FOUR traded up GBX 60 ($0.78) during trading on Thursday, reaching GBX 3,010 ($39.33). 24,914 shares of the company’s stock were exchanged, compared to its average volume of 32,310. The stock has a market cap of $845.37 million and a P/E ratio of 22.30. The company has a debt-to-equity ratio of 2.99, a quick ratio of 1.25 and a current ratio of 1.40. The company has a 50 day moving average price of GBX 2,798 and a two-hundred day moving average price of GBX 2,560.32. 4imprint Group has a 1 year low of GBX 1,765 ($23.06) and a 1 year high of GBX 3,140.60 ($41.04).

The business also recently declared a dividend, which will be paid on Tuesday, September 17th. Investors of record on Thursday, August 8th will be given a GBX 20.52 ($0.27) dividend. This represents a yield of 0.71%. The ex-dividend date of this dividend is Thursday, August 8th. 4imprint Group’s dividend payout ratio (DPR) is presently 0.43%.

In other 4imprint Group news, insider Andrew Scull sold 6,761 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of GBX 2,842 ($37.14), for a total transaction of £192,147.62 ($251,074.90).

About 4imprint Group

4imprint Group plc operates as a direct marketer of promotional products in the United Kingdom, Ireland, and North America. It offers apparel, bags, drinkware, stationery, and toys and novelties, as well as writing, technology, outdoor and leisure, tradeshows and signage, auto, home and tools, food and candy, office and awards, and wellness and safety products.

Featured Article: Trading on Margin

Receive News & Ratings for 4imprint Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 4imprint Group and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit