Bridgepoint Group (LON:BPT) Trading 0.5% Higher – What’s Next?

Bridgepoint Group plc (LON:BPT)’s stock price was up 0.5% during mid-day trading on Friday . The company traded as high as GBX 264 and last traded at GBX 261.60. Approximately 806,547 shares were traded during trading, a decline of 89% from the average daily volume of 7,126,888 shares. The stock had previously closed at GBX 260.20.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. boosted their target price on Bridgepoint Group from GBX 395 to GBX 415 and gave the company a “buy” rating in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 385.

Bridgepoint Group Trading Up 0.5%

The company has a debt-to-equity ratio of 12.89, a current ratio of 4.98 and a quick ratio of 3.60. The firm’s 50 day moving average price is GBX 278.20 and its 200 day moving average price is GBX 298.37. The stock has a market capitalization of £2.22 billion, a P/E ratio of 49.36, a P/E/G ratio of 0.61 and a beta of 1.72.

Bridgepoint Group Company Profile

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.