Berenberg Bank Reiterates Buy Rating for Bridgepoint Group (LON:BPT)

Bridgepoint Group (LON:BPT)‘s stock had its “buy” rating reiterated by equities researchers at Berenberg Bank in a report released on Friday,London Stock Exchange reports. They presently have a GBX 360 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 12.15% from the company’s current price.

Separately, Citigroup lowered their target price on shares of Bridgepoint Group from GBX 415 to GBX 395 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 390.

Bridgepoint Group Stock Performance

LON:BPT opened at GBX 321 on Friday. The company has a debt-to-equity ratio of 53.71, a current ratio of 16.31 and a quick ratio of 3.60. The firm has a market cap of £2.81 billion, a price-to-earnings ratio of 65.51, a price-to-earnings-growth ratio of 0.61 and a beta of 1.37. Bridgepoint Group has a 1-year low of GBX 212 and a 1-year high of GBX 363.40. The firm’s fifty day moving average price is GBX 268.58 and its 200 day moving average price is GBX 261.66.

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.