Berenberg Bank reiterated their hold rating on shares of Burford Capital (LON:BUR) in a report issued on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other research firms have also commented on BUR. Liberum Capital reissued a buy rating on shares of Burford Capital in a research report on Monday, February 10th. Peel Hunt reissued a buy rating on shares of Burford Capital in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 1,572.57 ($20.69).
LON:BUR opened at GBX 596.50 ($7.85) on Friday. Burford Capital has a 12 month low of GBX 380.20 ($5.00) and a 12 month high of GBX 2,045 ($26.90). The firm has a market cap of $1.30 billion and a price-to-earnings ratio of 3.43. The company has a quick ratio of 4.78, a current ratio of 4.79 and a debt-to-equity ratio of 41.33. The company’s 50 day moving average is GBX 642.83 and its 200-day moving average is GBX 770.98.
Burford Capital Company Profile
Burford Capital Limited is a global finance company focused on law. The Company provides investment capital, investment management, financing and risk solutions with a focus on the litigation and arbitration sector. The Company’s segments include provision of litigation investment, provision of litigation insurance, exploration of new initiatives related to application of capital to the litigation and arbitration sector until such time as those initiatives mature into full-fledged independent segments and investment management activities.
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