Berenberg Bank Reiterates “Buy” Rating for Burford Capital Limited (BUR)
Burford Capital Limited (LON:BUR)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued on Wednesday. They presently have a GBX 1,310 ($17.38) target price on the stock. Berenberg Bank’s target price suggests a potential upside of 27.68% from the stock’s current price.
Other analysts have also issued research reports about the company. Macquarie restated an “outperform” rating and issued a GBX 1,322 ($17.54) price objective on shares of Burford Capital Limited in a report on Tuesday, August 22nd. N+1 Singer reaffirmed an “under review” rating on shares of Burford Capital Limited in a report on Thursday, July 27th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,200 ($15.92) target price on shares of Burford Capital Limited in a report on Thursday, July 27th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 1,148 ($15.23) price target on shares of Burford Capital Limited in a research report on Thursday, July 27th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 1,113.80 ($14.77).
Burford Capital Limited (BUR) opened at 1047.00 on Wednesday. Burford Capital Limited has a 12 month low of GBX 410.00 and a 12 month high of GBX 1,250.00. The firm’s 50-day moving average is GBX 1,113.50 and its 200-day moving average is GBX 944.62. The firm’s market cap is GBX 2.18 billion.
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Burford Capital Limited Company Profile
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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