Bridgepoint Group (LON:BPT) Given “Buy” Rating at Berenberg Bank

Bridgepoint Group (LON:BPT)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research report issued to clients and investors on Friday,London Stock Exchange reports. They currently have a GBX 360 price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 12.15% from the company’s previous close.

Separately, Citigroup cut their target price on Bridgepoint Group from GBX 415 to GBX 395 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Bridgepoint Group has an average rating of “Buy” and a consensus price target of GBX 390.

Bridgepoint Group Stock Up 1.8%

Shares of BPT opened at GBX 321 on Friday. Bridgepoint Group has a 52-week low of GBX 212 and a 52-week high of GBX 363.40. The company has a market capitalization of £2.81 billion, a PE ratio of 65.51, a price-to-earnings-growth ratio of 0.61 and a beta of 1.37. The stock has a fifty day simple moving average of GBX 268.58 and a two-hundred day simple moving average of GBX 261.66. The company has a quick ratio of 3.60, a current ratio of 16.31 and a debt-to-equity ratio of 53.71.

About Bridgepoint Group

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.