Bloomsbury Publishing PT Raised to GBX 185 at Numis Securities Ltd (BMY)
Investment analysts at Numis Securities Ltd raised their target price on shares of Bloomsbury Publishing (LON:BMY) from GBX 162 ($2.67) to GBX 185 ($3.05) in a note issued to investors on Monday, Analyst Ratings Network reports. The firm currently has a “hold” rating on the stock. Numis Securities Ltd’s price target suggests a potential upside of 12.29% from the company’s current price.
Shares of Bloomsbury Publishing (LON:BMY) traded down 1.05% on Monday, hitting GBX 164.75. 47,182 shares of the company’s stock traded hands. Bloomsbury Publishing has a one year low of GBX 101.55 and a one year high of GBX 182.00. The stock’s 50-day moving average is GBX 173.1 and its 200-day moving average is GBX 156.1. The company’s market cap is £119.8 million.
Separately, analysts at Investec reiterated a “buy” rating on shares of Bloomsbury Publishing in a research note to investors on Thursday, October 24th. They now have a GBX 190 ($3.13) price target on the stock.
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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