Peel Hunt reaffirmed their add rating on shares of Bloomsbury Publishing Plc (LON:BMY) in a research report report published on Tuesday, July 18th. They currently have a GBX 200 ($2.61) price target on the stock.
A number of other brokerages have also commented on BMY. Investec increased their price target on Bloomsbury Publishing Plc from GBX 197 ($2.57) to GBX 210 ($2.74) and gave the company a buy rating in a research note on Thursday, May 18th. Numis Securities Ltd reissued an add rating and set a GBX 205 ($2.67) price target on shares of Bloomsbury Publishing Plc in a research note on Thursday, May 18th.
Shares of Bloomsbury Publishing Plc (LON:BMY) opened at 180.00 on Tuesday. The company has a 50-day moving average price of GBX 171.32 and a 200-day moving average price of GBX 171.43. Bloomsbury Publishing Plc has a 52-week low of GBX 148.00 and a 52-week high of GBX 185.41. The company’s market cap is GBX 134.42 million.
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The company also recently declared a dividend, which will be paid on Wednesday, September 20th. Investors of record on Thursday, August 24th will be paid a dividend of GBX 5.60 ($0.07) per share. The ex-dividend date is Thursday, August 24th. This is a positive change from Bloomsbury Publishing Plc’s previous dividend of $1.10. This represents a yield of 3.16%.
In related news, insider Jill Jones purchased 2,800 shares of the business’s stock in a transaction dated Wednesday, July 19th. The shares were acquired at an average cost of GBX 178 ($2.32) per share, for a total transaction of £4,984 ($6,492.97). Also, insider Nigel Newton sold 60,683 shares of the firm’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of GBX 175 ($2.28), for a total value of £106,195.25 ($138,347.12).
Bloomsbury Publishing Plc Company Profile
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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