Clarkson PLC 19.9% potential upside indicated by JP Morgan Cazenove

Clarkson PLC with ticker (LON:CKN) now has a potential upside of 19.9% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 3,740 GBX for the company, which when compared to the Clarkson PLC share price of 3,120 GBX at opening today (09/05/2023) indicates a potential upside of 19.9%. Trading has ranged between 2,440 (52 week low) and 3,735 (52 week high) with an average of 40,986 shares exchanging hands daily. The market capitalisation at the time of writing is £939,553,375.

Clarkson PLC is a provider of integrated shipping services. The Company’s segments include Broking, Financial, Support and Research. The Broking segment offers services to ship owners and charterers in the transportation by sea of a range of cargoes; to buyers and sellers/yards relating to sale and purchase transactions, and future broking operations. The Financial segment offers full-service investment banking, specializing in the maritime, oil services and natural resources sectors. The Company also provides structured asset finance services and structured projects in the shipping, offshore and real estate sectors. The Support segment includes port and agency services representing ship agency services provided throughout the United Kingdom and Egypt. The Research segment services encompass the provision of shipping-related information and publications. It offers a complete ecosystem of maritime services, covering ship broking, research, finance, digital tools and others.