Fisher (James) & Sons (FSJ)

Sector:

Commercial Transport

Index:

FTSE Small Cap

 340.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 371.00p
  • 52 Week Low: 245.50p
  • Currency: UK Pounds
  • Shares Issued: 50.50m
  • Volume: 7,293
  • Market Cap: £171.69m
  • RiskGrade: 237

Canaccord Genuity raises target price on James Fisher

By Iain Gilbert

Date: Friday 12 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Canaccord Genuity raised their target price on oilfield services firm James Fisher from 1,200.0p to 1,375.0p on Friday following the group's full-year results a day earlier.
Canaccord highlighted that James Fisher's full-year results had come in at the top end of previous guidance, with earnings per share of 47.8p, down 39% year-on-year on known Covid-related problems and specific challenges in project-related work for the offshore marine markets, a writedown of various assets clearing the decks for its upcoming strategic review and a strong cash performance that resulted in year-end net debt of £198.0m.

Looking forward, the Canadian bank said Fisher's outlook for 2021 was for "a significant earnings recovery", with a reduction in Covid-19 effects and strong positive signs across multiple markets.

Canaccord, which reiterated its 'buy' rating on the stock, said it was now taking "a slightly more cautious view on earnings", moving broadly in line with consensus and reducing its forecasts by roughly 9% for the next three years.

However, at the same time, the analysts said they were "increasingly confident" in a resumption of Fisher's traditional valuation premium with "a more strategically focussed portfolio".

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FSJ Market Data

Currency UK Pounds
Share Price 340.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 371.00p
52 Week Low 245.50p
Volume 7,293
Shares Issued 50.50m
Market Cap £171.69m
RiskGrade 237

FSJ Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.2% below the market average51.2% below the market average51.2% below the market average51.2% below the market average51.2% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
71.24% above the market average71.24% above the market average71.24% above the market average71.24% above the market average71.24% above the market average
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average
Income Not Available
Growth
76.1% below the market average76.1% below the market average76.1% below the market average76.1% below the market average76.1% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FSJ Dividends

  Latest Previous
  Interim Interim
Ex-Div 01-Oct-20 03-Oct-19
Paid 06-Nov-20 01-Nov-19
Amount 8.00p 11.30p

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 3,456 @ 340.00p
16:35 1,524 @ 340.00p
16:35 1,067 @ 340.00p
16:35 9 @ 340.00p
16:35 15 @ 340.00p

FSJ Key Personnel

CFO Karen Hayzen-Smith

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