Shares of Burford Capital Limited (LON:BUR) have been assigned a consensus rating of “Buy” from the seven research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 1,307 ($17.19).
A number of equities analysts recently weighed in on the stock. Berenberg Bank restated a “hold” rating on shares of Burford Capital in a research report on Friday, February 21st. Peel Hunt dropped their target price on shares of Burford Capital from GBX 1,164 ($15.31) to GBX 1,094 ($14.39) and set a “buy” rating for the company in a research report on Wednesday. Finally, Liberum Capital restated a “buy” rating on shares of Burford Capital in a research report on Monday, February 10th.
Shares of LON:BUR traded up GBX 6 ($0.08) during midday trading on Friday, reaching GBX 596 ($7.84). 1,482,913 shares of the company were exchanged, compared to its average volume of 590,227. The company has a current ratio of 4.79, a quick ratio of 4.78 and a debt-to-equity ratio of 41.33. The business’s fifty day moving average is GBX 640.95 and its two-hundred day moving average is GBX 766.81. Burford Capital has a one year low of GBX 380.20 ($5.00) and a one year high of GBX 2,045 ($26.90). The stock has a market cap of $1.28 billion and a PE ratio of 3.42.
Burford Capital Limited is a global finance company focused on law. The Company provides investment capital, investment management, financing and risk solutions with a focus on the litigation and arbitration sector. The Company’s segments include provision of litigation investment, provision of litigation insurance, exploration of new initiatives related to application of capital to the litigation and arbitration sector until such time as those initiatives mature into full-fledged independent segments and investment management activities.
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