Burford Capital (LON:BUR – Get Free Report) had its target price boosted by stock analysts at Berenberg Bank from GBX 450 to GBX 490 in a report issued on Thursday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank‘s target price would suggest a potential upside of 81.08% from the stock’s current price.
Burford Capital Trading Down 7.5%
Shares of BUR opened at GBX 270.60 on Thursday. The business’s 50-day moving average price is GBX 282.01 and its 200-day moving average price is GBX 392.44. Burford Capital has a twelve month low of GBX 215.60 and a twelve month high of GBX 752. The stock has a market cap of £594.23 million, a PE ratio of -0.35, a P/E/G ratio of 1.09 and a beta of 1.06. The company has a quick ratio of 8.01, a current ratio of 3.20 and a debt-to-equity ratio of 294.89.
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.
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