Bloomsbury Publishing (LON:BMY) Receives “Buy” Rating from Berenberg Bank

Bloomsbury Publishing (LON:BMY)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research report issued on Tuesday, London Stock Exchange reports. They currently have a GBX 825 price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 35.25% from the stock’s current price.

Separately, Deutsche Bank Aktiengesellschaft increased their price target on Bloomsbury Publishing from GBX 700 to GBX 760 and gave the company a “buy” rating in a research report on Friday, May 29th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Bloomsbury Publishing presently has an average rating of “Buy” and a consensus price target of GBX 800.

Bloomsbury Publishing Stock Down 2.9%

Shares of LON:BMY opened at GBX 610 on Tuesday. The stock has a market cap of £493.14 million, a price-to-earnings ratio of 18.60 and a beta of 0.42. The company has a quick ratio of 1.04, a current ratio of 1.77 and a debt-to-equity ratio of 13.80. Bloomsbury Publishing has a 12-month low of GBX 435 and a 12-month high of GBX 690. The business’s 50 day moving average is GBX 635.24 and its 200 day moving average is GBX 605.59.

About Bloomsbury Publishing

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.