hola1 Strategy Article | Financial News | Digital Look

Broker Recommendations

Berenberg hikes target price on James Fisher

By Iain Gilbert

Date: Wednesday 18 Mar 2026

(Sharecast News) - Over at Berenberg, analysts hiked their target price on marine engineering services firm James Fisher from 615p to 790p on Wednesday following the group's full-year results a week earlier.
Berenberg noted that James Fisher's FY25 results on 11 March included adjusted underlying earnings of £28.6m, 4% ahead of its expectations, with self-help measures taken over the last three three years starting to drive revenue and profit growth.

The German bank also said it expects further self-help benefits in FY26, especially supply chain improvements, and that this was giving management "increased confidence" in achieving its medium-term targets.

Berenberg, which has a 'buy' rating on the stock, said James Fisher's strategic progress had allowed it to reduce James Fisher's peer group discount from 25% to 15%, which led to the 175p bump to its share price.

"The shares continue to trade at a discount to historical averages as investors await the profit inflection. The discount related to high financial leverage has yet to fully unwind," added Berenberg.







Reporting by Iain Gilbert at Sharecast.com

Article Archive

Free Membership To Digital Look

Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.

Click here to see what you have free access to.

Top of Page