Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for Advanced Medical Solutions Group (LON:AMS)

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Advanced Medical Solutions Group (LON:AMS) in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports. The firm currently has a GBX 275 ($3.69) price objective on the stock.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 300 ($4.03) price target on shares of Advanced Medical Solutions Group in a research report on Tuesday.

Advanced Medical Solutions Group Trading Up 1.2%

Shares of LON AMS opened at GBX 209.50 ($2.81) on Wednesday. The stock’s 50 day moving average price is GBX 204.93 and its two-hundred day moving average price is GBX 204.60. Advanced Medical Solutions Group has a 52-week low of GBX 168.40 ($2.26) and a 52-week high of GBX 275.83 ($3.70). The stock has a market capitalization of £452.37 million, a P/E ratio of 40.60, a PEG ratio of 5.00 and a beta of 0.74. The company has a quick ratio of 4.58, a current ratio of 8.39 and a debt-to-equity ratio of 37.01.

Insider Activity

In other news, insider Eddie Johnson sold 16,402 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of GBX 195 ($2.62), for a total transaction of £31,983.90 ($42,931.41). Also, insider A Christopher (Chris) Meredith sold 64,000 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of GBX 195 ($2.62), for a total value of £124,800 ($167,516.78). In the last quarter, insiders have sold 435,255 shares of company stock worth $84,691,330. 3.12% of the stock is owned by company insiders.

Advanced Medical Solutions Group Company Profile

AMS is a world-leading independent developer and manufacturer of innovative tissue-healing technology, focused on quality outcomes for patients and value for payers. AMS has a wide range of surgical products including tissue adhesives, sutures, haemostats, internal fixation devices and internal sealants, which it markets under its brands LiquiBand®, RESORBA®, LiquiBandFix8®, and Seal-G®.