Burford Capital (LON:BUR) Stock Price Target Raised at Berenberg Bank
by Jessica Moore · The Cerbat GemBurford Capital (LON:BUR – Get Free Report) had its price target raised by stock analysts at Berenberg Bank from GBX 450 to GBX 490 in a research report issued on Thursday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank‘s target price would suggest a potential upside of 60.21% from the stock’s previous close.
Burford Capital Trading Down 1.1%
BUR stock opened at GBX 305.84 on Thursday. The business’s 50 day moving average is GBX 283.55 and its 200-day moving average is GBX 396.84. The company has a current ratio of 3.20, a quick ratio of 8.01 and a debt-to-equity ratio of 294.89. The firm has a market cap of £671.62 million, a P/E ratio of -0.40, a P/E/G ratio of 1.09 and a beta of 1.06. Burford Capital has a 1-year low of GBX 215.60 and a 1-year high of GBX 752.
About Burford Capital
Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices.
Recommended Stories
- Five stocks we like better than Burford Capital
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage