Bridgepoint Group (LON:BPT) Trading 1% Higher – What’s Next?

Bridgepoint Group plc (LON:BPT) shares shot up 1% on Friday . The stock traded as high as GBX 344.40 and last traded at GBX 340.71. 744,470 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 8,824,653 shares. The stock had previously closed at GBX 337.40.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 360 price target on shares of Bridgepoint Group in a research note on Friday, July 24th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 390.

Bridgepoint Group Stock Up 1.0%

The stock has a market capitalization of £3.00 billion, a P/E ratio of 113.57, a price-to-earnings-growth ratio of 0.61 and a beta of 1.39. The company has a debt-to-equity ratio of 53.71, a current ratio of 16.31 and a quick ratio of 3.60. The stock has a fifty day moving average price of GBX 291.81 and a 200 day moving average price of GBX 267.02.

Bridgepoint Group Company Profile

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.