Burford Capital Limited (LON:BUR)‘s stock had its “buy” rating reissued by equities research analysts at Liberum Capital in a research note issued on Thursday, July 27th. They presently have a GBX 1,148 ($14.90) price target on the stock. Liberum Capital’s price target points to a potential downside of 4.33% from the stock’s current price.
A number of other research firms have also recently weighed in on BUR. 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 950 ($12.33) price target on shares of Burford Capital Limited in a report on Tuesday, June 13th. Macquarie reissued an “outperform” rating and issued a GBX 1,093 ($14.19) price target on shares of Burford Capital Limited in a report on Wednesday, June 14th. Finally, Berenberg Bank started coverage on Burford Capital Limited in a report on Friday, July 14th. They issued a “buy” rating and a GBX 1,310 ($17.01) price target for the company. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 1,068 ($13.86).
Shares of Burford Capital Limited (BUR) traded up 0.42% during mid-day trading on Thursday, reaching GBX 1205.00. The company’s stock had a trading volume of 251,607 shares. The firm’s market capitalization is GBX 2.51 billion. The company’s 50-day moving average is GBX 1,010.14 and its 200 day moving average is GBX 848.74. Burford Capital Limited has a 1-year low of GBX 385.05 and a 1-year high of GBX 1,250.00.
COPYRIGHT VIOLATION WARNING: This story was first reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at https://stocknewstimes.com/2017/08/17/liberum-capital-reaffirms-buy-rating-for-burford-capital-limited-bur-updated-updated.html.
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.
Receive News & Ratings for Burford Capital Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burford Capital Limited and related companies with MarketBeat.com's FREE daily email newsletter.
