Peel Hunt Reaffirms “Buy” Rating for Bloomsbury Publishing (LON:BMY)

Peel Hunt reiterated their buy rating on shares of Bloomsbury Publishing (LON:BMY) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.

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

Shares of LON BMY opened at GBX 233 ($3.04) on Monday. Bloomsbury Publishing has a 52-week low of GBX 187 ($2.44) and a 52-week high of GBX 246 ($3.21). The company has a 50 day simple moving average of GBX 231.42. The firm has a market cap of $175.52 million and a PE ratio of 19.10.

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

About Bloomsbury Publishing

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.

Read More: Outperform Rating

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