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Burford Capital Limited (LON:BUR) Declares Dividend of $0.03
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Shares of Burford Capital Limited (LON:BUR) traded up 5.76% during mid-day trading on Friday, reaching GBX 1193.00. The company’s stock had a trading volume of 406,901 shares. Burford Capital Limited has a 1-year low of GBX 385.05 and a 1-year high of GBX 1,196.00. The firm’s market capitalization is GBX 2.48 billion. The company’s 50-day moving average is GBX 934.55 and its 200 day moving average is GBX 811.99.
A number of research firms have recently weighed in on BUR. Macquarie reissued an “outperform” rating and issued a GBX 1,093 ($14.42) price target on shares of Burford Capital Limited in a report on Friday, July 28th. N+1 Singer reissued an “under review” rating on shares of Burford Capital Limited in a report on Thursday, July 27th. Numis Securities Ltd reissued an “add” rating and issued a GBX 1,200 ($15.83) price target on shares of Burford Capital Limited in a report on Thursday, July 27th. Liberum Capital reissued a “buy” rating and issued a GBX 1,148 ($15.14) price target on shares of Burford Capital Limited in a report on Thursday, July 27th. Finally, Berenberg Bank began coverage on Burford Capital Limited in a research report on Friday, July 14th. They issued a “buy” rating and a GBX 1,310 ($17.28) price objective for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 1,068 ($14.09).
About Burford Capital Limited
Burford Capital Limited is a global finance company focused on law. The Company provides investment capital, investment management, financing and risk solutions with a focus on the litigation and arbitration sector. The Company’s segments include provision of litigation investment, provision of litigation insurance, exploration of new initiatives related to application of capital to the litigation and arbitration sector until such time as those initiatives mature into full-fledged independent segments and investment management activities.