Clarkson (CKN)

Sector:

Commercial Transport

Index:

FTSE 250

4,010.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 4,015.00
  • 52 Week Low: 2,550.00
  • Currency: UK Pounds
  • Shares Issued: 30.73m
  • Volume: 20,752
  • Market Cap: £1,232.27m
  • RiskGrade: 171

Peel Hunt starts coverage of Clarkson at 'buy'

By Michele Maatouk

Date: Tuesday 29 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Peel Hunt initiated coverage of shipping services company Clarkson on Tuesday at 'buy' with a 4,000p price target.
The broker said demand for Clarkson's services is rising as global trade recovers from the pandemic and newbuild order books climb in response to higher charter rates, from the lowest level in decades.

"The shift to alternative technologies and mandatory emissions reporting should increase demand for the group's services further, and we believe there is potential to upgrade our forecasts if this recovery develops more robustly," it said.

"We believe digital platform Sea/ gives the group competitive advantages, reducing the risk of disintermediation, and we estimate a profit stream worth £200m."

At 0950 BST, the shares were up 4.2% at 3,261.46p.

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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.

 

Clarkson Market Data

Currency UK Pounds
Share Price 4,010.00p
Change Today 5.00p
% Change 0.12 %
52 Week High 4,015.00
52 Week Low 2,550.00
Volume 20,752
Shares Issued 30.73m
Market Cap £1,232.27m
RiskGrade 171

Clarkson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.35% below the market average84.35% below the market average84.35% below the market average84.35% below the market average84.35% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
86.17% above the market average86.17% above the market average86.17% above the market average86.17% above the market average86.17% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
29.29% below the market average29.29% below the market average29.29% below the market average29.29% below the market average29.29% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
27.09% above the market average27.09% above the market average27.09% above the market average27.09% above the market average27.09% above the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Clarkson Dividends

  Latest Previous
  Final Interim
Ex-Div 09-May-24 31-Aug-23
Paid 24-May-24 15-Sep-23
Amount 72.00p 30.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 8,070 @ 4,010.00p
16:35 47 @ 4,010.00p
16:35 57 @ 4,010.00p
16:35 23 @ 4,010.00p
16:35 24 @ 4,010.00p

Clarkson Key Personnel

CEO Andi Case

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