Burford Capital (LON:BUR) Given New GBX 490 Price Target at Berenberg Bank

Burford Capital (LON:BUR) had its target price increased by equities research analysts at Berenberg Bank from GBX 450 to GBX 490 in a report released on Thursday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank‘s price target suggests a potential upside of 60.21% from the company’s current price.

Burford Capital Trading Down 1.1%

Shares of Burford Capital stock opened at GBX 305.84 on Thursday. The stock has a market cap of £671.62 million, a P/E ratio of -0.40, a P/E/G ratio of 1.09 and a beta of 1.06. 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 business’s 50 day moving average is GBX 283.55 and its 200-day moving average is GBX 396.84. Burford Capital has a 12-month low of GBX 215.60 and a 12-month high of GBX 752.

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.