Bridgepoint Group (LON:BPT) Stock Price Up 15.6% – Time to Buy?

Bridgepoint Group plc (LON:BPT) rose 15.6% during mid-day trading on Monday . The company traded as high as GBX 276.40 and last traded at GBX 270. Approximately 3,805,646 shares traded hands during trading, a decline of 65% from the average daily volume of 10,762,005 shares. The stock had previously closed at GBX 233.60.

Wall Street Analysts Forecast Growth

Separately, Citigroup reduced their price target on Bridgepoint Group from GBX 415 to GBX 395 and set a “buy” rating for the company in a report on Tuesday, April 14th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 385.

Bridgepoint Group Trading Up 15.6%

The stock has a market cap of £2.36 billion, a price-to-earnings ratio of 55.10, a P/E/G ratio of 0.61 and a beta of 1.37. The business’s fifty day simple moving average is GBX 257.12 and its 200 day simple moving average is GBX 260.06. The company has a debt-to-equity ratio of 55.04, a current ratio of 279.03 and a quick ratio of 3.60.

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.