Global Ports (LON:GPH) Earns “Buy” Rating from Berenberg Bank

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Berenberg Bank reissued their buy rating on shares of Global Ports (LON:GPH) in a research report report published on Tuesday morning, Digital Look reports. They currently have a GBX 475 ($6.21) price target on the stock.

Separately, Shore Capital reiterated a house stock rating on shares of Global Ports in a report on Tuesday.

LON:GPH opened at GBX 298.50 ($3.90) on Tuesday. The company has a debt-to-equity ratio of 223.01, a current ratio of 1.31 and a quick ratio of 1.20. Global Ports has a fifty-two week low of GBX 282 ($3.68) and a fifty-two week high of GBX 565 ($7.38). The stock’s 50-day moving average is GBX 356.20 and its two-hundred day moving average is GBX 370.22. The stock has a market cap of $187.54 million and a PE ratio of -55.28.

Global Ports Company Profile

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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