Burford Capital (LON:BUR) Hits New 1-Year Low – Should You Sell?

Burford Capital Limited (LON:BUR) shares hit a new 52-week low on Thursday. The company traded as low as GBX 235 and last traded at GBX 249.20, with a volume of 1,472,552 shares trading hands. The stock had previously closed at GBX 252.80.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 450 price target on shares of Burford Capital in a research note on Tuesday, September 22nd. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Burford Capital has an average rating of “Buy” and a consensus price target of GBX 450.

Burford Capital Stock Performance

The business’s fifty day moving average is GBX 302.28 and its 200-day moving average is GBX 320.84. The company has a quick ratio of 8.01, a current ratio of 3.20 and a debt-to-equity ratio of 294.89. The company has a market cap of £547.23 million, a PE ratio of -0.32, a P/E/G ratio of 1.09 and a beta of 1.06.

Burford Capital Company Profile

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices.