Bridgepoint Group (LON:BPT) Shares Up 0.9% – What’s Next?

Shares of Bridgepoint Group plc (LON:BPT) were up 0.9% during mid-day trading on Friday . The company traded as high as GBX 311.20 and last traded at GBX 305.90. Approximately 645,142 shares were traded during trading, a decline of 92% from the average session volume of 8,187,948 shares. The stock had previously closed at GBX 303.20.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 360 price target on shares of Bridgepoint Group in a research note on Friday, July 24th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 390.

Bridgepoint Group Stock Up 0.9%

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 £2.70 billion, a price-to-earnings ratio of 101.97, a price-to-earnings-growth ratio of 0.61 and a beta of 1.39. The firm has a 50 day moving average price of GBX 314.14 and a 200-day moving average price of GBX 272.31.

About Bridgepoint Group

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.