Bloomsbury Publishing (LON:BMY) Price Target Raised to GBX 760 at Deutsche Bank Aktiengesellschaft

Bloomsbury Publishing (LON:BMY) had its target price boosted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 700 to GBX 760 in a note issued to investors on Friday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 16.56% from the company’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 825 price target on shares of Bloomsbury Publishing in a research report on Wednesday, May 20th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Bloomsbury Publishing currently has an average rating of “Buy” and an average target price of GBX 800.

Bloomsbury Publishing Price Performance

LON BMY traded up GBX 1 on Friday, reaching GBX 652. 118,611 shares of the company’s stock traded hands, compared to its average volume of 1,078,482. Bloomsbury Publishing has a 12 month low of GBX 435 and a 12 month high of GBX 660. The company has a debt-to-equity ratio of 13.80, a current ratio of 1.77 and a quick ratio of 1.04. The stock has a 50-day simple moving average of GBX 598.19 and a 200 day simple moving average of GBX 528.20. The stock has a market cap of £530.70 million, a PE ratio of 23.80 and a beta of 0.40.

Bloomsbury Publishing (LON:BMY) last issued its quarterly earnings results on Wednesday, May 20th. The company reported GBX 45 EPS for the quarter. Bloomsbury Publishing had a net margin of 8.28% and a return on equity of 12.74%. The business had revenue of £325.90 million for the quarter. As a group, research analysts predict that Bloomsbury Publishing will post 2529.9999179 earnings per share for the current year.

Bloomsbury Publishing Company Profile

Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books for children, teachers, students, researchers, and professionals worldwide. The company offers books and digital resources to international research community and higher education students; online law, accounting, and tax services for the United Kingdom and professionals; and publishing services for corporations and institutions. It serves communities of interest in sports and sports science, nautical, military history, natural history, arts and crafts, and popular science; and offers books for students of the arts, humanities, and social sciences.