Burford Capital (LON:BUR) had its target price lifted by Liberum Capital from GBX 2,300 ($30.05) to GBX 2,470 ($32.27) in a report released on Wednesday morning. Liberum Capital currently has a buy rating on the stock.
Several other analysts also recently commented on BUR. Numis Securities restated a buy rating and set a GBX 2,300 ($30.05) price objective on shares of Burford Capital in a research report on Wednesday, December 19th. Canaccord Genuity restated a sell rating and set a GBX 1,543 ($20.16) price objective on shares of Burford Capital in a research report on Tuesday, February 19th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 2,026 ($26.47).
Shares of BUR stock opened at GBX 1,803.86 ($23.57) on Wednesday. The firm has a market cap of $4.01 billion and a PE ratio of 13.59. Burford Capital has a one year low of GBX 1,166 ($15.24) and a one year high of GBX 2,075 ($27.11). The company has a debt-to-equity ratio of 68.55, a quick ratio of 6.55 and a current ratio of 6.58.
About Burford Capital
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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