Peel Hunt Increases Bloomsbury Publishing (BMY) Price Target to GBX 210

Bloomsbury Publishing (LON:BMY) had its price target upped by analysts at Peel Hunt from GBX 200 ($2.71) to GBX 210 ($2.85) in a research note issued on Wednesday. The brokerage presently has an “add” rating on the stock. Peel Hunt’s target price indicates a potential upside of 14.75% from the stock’s previous close.

Separately, Numis Securities raised shares of Bloomsbury Publishing to a “buy” rating and upped their target price for the company from GBX 205 ($2.78) to GBX 210 ($2.85) in a research note on Tuesday, October 24th.

Shares of Bloomsbury Publishing (BMY) opened at GBX 183 ($2.48) on Wednesday. Bloomsbury Publishing has a 12 month low of GBX 156.50 ($2.12) and a 12 month high of GBX 192 ($2.60). The company has a market cap of $137.85 and a P/E ratio of 1,525.00.

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About Bloomsbury Publishing

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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