Burford Capital (LON:BUR) Earns “Buy” Rating from Berenberg Bank

Burford Capital (LON:BUR)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, Digital Look reports. They currently have a GBX 450 price target on the stock. Berenberg Bank’s target price indicates a potential upside of 49.80% from the company’s previous close.

Burford Capital Price Performance

Shares of BUR stock opened at GBX 300.40 on Tuesday. Burford Capital has a 12 month low of GBX 288.37 and a 12 month high of GBX 938.10. The company has a market capitalization of £659.63 million, a P/E ratio of -0.39, a P/E/G ratio of 1.09 and a beta of 1.06. The stock has a 50 day moving average of GBX 313.92 and a two-hundred day moving average of GBX 355.08. The company has a current ratio of 3.20, a quick ratio of 8.01 and a debt-to-equity ratio of 294.89.

About Burford Capital

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.