Shore Capital reiterated their house stock rating on shares of Global Ports (LON:GPH) in a research report report published on Thursday, June 6th, LSE.Co.UK reports.
GPH has been the topic of several other reports. Barclays lowered their price objective on Global Ports from GBX 590 ($7.71) to GBX 560 ($7.32) and set an overweight rating on the stock in a report on Thursday, March 14th. Berenberg Bank reissued a buy rating and issued a GBX 475 ($6.21) target price on shares of Global Ports in a research note on Friday, March 15th.
Shares of LON:GPH remained flat at $GBX 352.50 ($4.61) during trading on Thursday. The company has a quick ratio of 1.31, a current ratio of 1.45 and a debt-to-equity ratio of 175.66. Global Ports has a 12-month low of GBX 320 ($4.18) and a 12-month high of GBX 590 ($7.71). The stock has a market capitalization of $221.47 million and a PE ratio of 135.58. The stock’s 50-day moving average price is GBX 369.44.
About Global Ports
Global Ports Holding PLC operates ports primarily in Turkey, Montenegro, Malta, Spain, and Italy. It operates cruise ports for cruise liners, ferries, yachts, and mega-yachts. The company also engages in the commercial port operations that specialize in container, bulk, and general cargo handling activities; and storage and marine vehicle trade businesses.
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