Burford Capital Limited (LON:BUR) has received a consensus recommendation of “Buy” from the seven analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 1,220.80 ($15.02).
BUR has been the topic of a number of analyst reports. Jefferies Financial Group lifted their price target on Burford Capital from GBX 800 ($9.84) to GBX 950 ($11.69) and gave the stock a “buy” rating in a research note on Monday, June 22nd. Berenberg Bank boosted their price target on Burford Capital from GBX 810 ($9.97) to GBX 820 ($10.09) and gave the stock a “buy” rating in a research note on Monday, May 11th. Liberum Capital reissued a “buy” rating and set a GBX 2,600 ($32.00) price target on shares of Burford Capital in a report on Tuesday, April 28th. Finally, Peel Hunt lowered Burford Capital to a “hold” rating in a research note on Tuesday, April 28th.
Shares of BUR stock traded down GBX 17.80 ($0.22) during trading hours on Friday, hitting GBX 470 ($5.78). The company’s stock had a trading volume of 1,606,436 shares, compared to its average volume of 590,227. The stock has a market cap of $1.03 billion and a price-to-earnings ratio of 4.87. Burford Capital has a twelve month low of GBX 250.43 ($3.08) and a twelve month high of GBX 1,795 ($22.09). The business has a fifty day moving average of GBX 483.03 and a 200-day moving average of GBX 533.10. The company has a current ratio of 2.29, a quick ratio of 2.28 and a debt-to-equity ratio of 44.05.
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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