Bloomsbury Publishing Plc’s (BMY) “Add” Rating Reiterated at Peel Hunt

Bloomsbury Publishing Plc (LON:BMY)‘s stock had its “add” rating reissued by Peel Hunt in a note issued to investors on Wednesday, October 18th. They currently have a GBX 200 ($2.63) price target on the stock. Peel Hunt’s price target would suggest a potential upside of 11.11% from the stock’s current price.

Separately, Investec reissued a “buy” rating and issued a GBX 210 ($2.76) price objective on shares of Bloomsbury Publishing Plc in a research note on Tuesday, July 18th.

Shares of Bloomsbury Publishing Plc (LON:BMY) traded up GBX 5.75 ($0.08) during trading on Wednesday, hitting GBX 180 ($2.37). The company had a trading volume of 149,556 shares, compared to its average volume of 120,333. Bloomsbury Publishing Plc has a 52 week low of GBX 148.25 ($1.95) and a 52 week high of GBX 185.41 ($2.44).

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In other news, insider Steven Halll acquired 3,171 shares of the business’s stock in a transaction on Tuesday, August 29th. The shares were acquired at an average cost of GBX 172 ($2.26) per share, with a total value of £5,454.12 ($7,173.64). Also, insider Richard Lambert acquired 10,000 shares of the business’s stock in a transaction on Thursday, August 10th. The shares were purchased at an average cost of GBX 176 ($2.31) per share, for a total transaction of £17,600 ($23,148.76).

About Bloomsbury Publishing Plc

Bloomsbury Publishing Plc is a global publisher. The Company is involved in the publication of books and other related services. The Company operates through four publishing divisions: Adult, Children’s & Educational, Academic & Professional, and Information. These divisions derive their revenue from book publishing, sale of publishing and distribution rights, management and other publishing services.

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