Investec reissued their buy rating on shares of Bloomsbury Publishing Plc (LON:BMY) in a report published on Tuesday, July 18th. Investec currently has a GBX 210 ($2.73) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Numis Securities Ltd reissued an add rating and issued a GBX 205 ($2.67) price objective on shares of Bloomsbury Publishing Plc in a research note on Thursday, May 18th. Peel Hunt restated an add rating and issued a GBX 200 ($2.60) target price on shares of Bloomsbury Publishing Plc in a report on Thursday, June 15th.
Bloomsbury Publishing Plc (LON:BMY) traded up 0.57% during midday trading on Tuesday, reaching GBX 175.25. 15,613 shares of the company’s stock were exchanged. The stock’s 50-day moving average is GBX 173.07 and its 200-day moving average is GBX 171.89. The stock’s market capitalization is GBX 130.87 million. Bloomsbury Publishing Plc has a 12-month low of GBX 148.00 and a 12-month high of GBX 185.41.
The business also recently disclosed a dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Thursday, August 24th will be issued a dividend of GBX 5.60 ($0.07) per share. This is a positive change from Bloomsbury Publishing Plc’s previous dividend of $1.10. This represents a dividend yield of 3.16%. The ex-dividend date is Thursday, August 24th.
In other Bloomsbury Publishing Plc news, insider Jill Jones purchased 2,800 shares of the business’s stock in a transaction that occurred on Wednesday, July 19th. The shares were purchased at an average price of GBX 178 ($2.32) per share, for a total transaction of £4,984 ($6,490.43). Also, insider Nigel Newton sold 60,683 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of GBX 175 ($2.28), for a total transaction of £106,195.25 ($138,293.07).
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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