Berenberg Raises Target Price on Judges Scientific

Berenberg raises target price on Judges Scientific

On August 20, 2024, Berenberg raised its target price on Judges Scientific to 12,400.0p and reiterated a 'buy' rating, reflecting a positive outlook for the company's stock. This adjustment comes in light of Judges Scientific's recent acquisition of Teer Coatings holding company Magsputter for £12.3m, which Berenberg estimates could enhance the company's underlying earnings by approximately 4% in FY25.

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