Burford Capital Limited (LON:BUR)’s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 1,430 ($19.76) and last traded at GBX 1,420 ($19.62), with a volume of 2529340 shares trading hands. The stock had previously closed at GBX 1,090 ($15.06).
A number of equities analysts have weighed in on BUR shares. Jefferies Group started coverage on Burford Capital in a research note on Wednesday, November 22nd. They set a “buy” rating and a GBX 1,300 ($17.96) price objective for the company. Berenberg Bank reiterated a “buy” rating and set a GBX 1,310 ($18.10) price objective on shares of Burford Capital in a research note on Wednesday, December 6th. Liberum Capital reiterated a “buy” rating and set a GBX 1,148 ($15.86) price objective on shares of Burford Capital in a research note on Friday, December 8th. Finally, Numis Securities reiterated an “add” rating and set a GBX 1,200 ($16.58) price objective on shares of Burford Capital in a research note on Friday, December 15th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Burford Capital presently has an average rating of “Buy” and an average target price of GBX 1,138.17 ($15.72).
The company has a market capitalization of $2,900.00 and a PE ratio of 2,184.62.
COPYRIGHT VIOLATION WARNING: This piece was reported by The Lincolnian Online and is the property of of The Lincolnian Online. If you are reading this piece on another domain, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this piece can be read at https://www.thelincolnianonline.com/2018/03/14/burford-capital-bur-sets-new-52-week-high-at-1430-00-2.html.
About Burford Capital
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.
Receive News & Ratings for Burford Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burford Capital and related companies with MarketBeat.com's FREE daily email newsletter.