Burford Capital’s (BUR) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Burford Capital (LON:BUR) in a report issued on Tuesday,Digital Look reports. The firm currently has a GBX 450 price target on the stock.

Burford Capital Stock Down 8.9%

Shares of LON BUR opened at GBX 273.60 on Tuesday. The company has a debt-to-equity ratio of 294.89, a current ratio of 3.20 and a quick ratio of 8.01. The company has a market cap of £600.78 million, a P/E ratio of -0.36, a PEG ratio of 1.09 and a beta of 1.06. Burford Capital has a 1 year low of GBX 272.40 and a 1 year high of GBX 931.50. The firm has a 50-day simple moving average of GBX 313.26 and a two-hundred day simple moving average of GBX 352.89.

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.