Bloomsbury Publishing Receives Buy Rating from Investec (BMY)
Bloomsbury Publishing (LON:BMY)‘s stock had its “buy” rating reiterated by research analysts at Investec in a report released on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 190 ($3.07) price objective on the stock. Investec’s price objective would suggest a potential upside of 9.36% from the company’s current price.
Shares of Bloomsbury Publishing (LON:BMY) traded up 0.86% during mid-day trading on Thursday, hitting GBX 173.739. 145,356 shares of the company’s stock traded hands. Bloomsbury Publishing has a 1-year low of GBX 101.55 and a 1-year high of GBX 175.00. The stock has a 50-day moving average of GBX 151.6 and a 200-day moving average of GBX 132.. The company’s market cap is £126.1 million.
Bloomsbury Publishing Plc is engaged in the publication of books, the development of electronic information products and reference databases, the provision of managed services and related activities.
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