Bloomsbury Publishing (LON:BMY) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reissued their buy rating on shares of Bloomsbury Publishing (LON:BMY) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Numis Securities restated a buy rating on shares of 3i Group in a research note on Thursday, May 16th.

Shares of BMY stock traded down GBX 4 ($0.05) during mid-day trading on Monday, reaching GBX 232 ($3.03). The company’s stock had a trading volume of 37,948 shares, compared to its average volume of 39,153. Bloomsbury Publishing has a 1-year low of GBX 187 ($2.44) and a 1-year high of GBX 246 ($3.21). The company has a market capitalization of $174.76 million and a P/E ratio of 19.02. The firm’s 50-day moving average is GBX 231.54.

The firm also recently disclosed a dividend, which will be paid on Friday, August 23rd. Stockholders of record on Thursday, July 25th will be paid a GBX 6.75 ($0.09) dividend. This is a boost from Bloomsbury Publishing’s previous dividend of $1.21. The ex-dividend date of this dividend is Thursday, July 25th. This represents a dividend yield of 2.87%. Bloomsbury Publishing’s dividend payout ratio is currently 0.66%.

Bloomsbury Publishing Company Profile

Bloomsbury Publishing Plc publishes books and other media for general readers, children, students, researchers, and professionals worldwide. The company offers digital resources to international research community and higher education students; online law, accounting, and tax services for UK and Eire professionals; consultancy and publishing services for corporations and institutions; support content for continuing professional development and teaching for teachers and trainee teachers, as well as serves communities of shared interest with sports and sports science, nautical, military history, natural history, and popular science.

Further Reading: What is a Swap?

Receive News & Ratings for Bloomsbury Publishing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bloomsbury Publishing and related companies with MarketBeat.com's FREE daily email newsletter.