Investec Reiterates “Buy” Rating for Bloomsbury Publishing (BMY)
Bloomsbury Publishing (LON:BMY)‘s stock had its “buy” rating reiterated by analysts at Investec in a research report issued to clients and investors on Tuesday. They currently have a GBX 190 ($3.20) price objective on the stock. Investec’s target price points to a potential upside of 15.15% from the stock’s previous close.
Bloomsbury Publishing (LON:BMY) traded down 1.52% during mid-day trading on Tuesday, hitting GBX 162.50. The stock had a trading volume of 44,693 shares. Bloomsbury Publishing has a one year low of GBX 110.25 and a one year high of GBX 185.00. The stock has a 50-day moving average of GBX 164.9 and a 200-day moving average of GBX 171.6. The company’s market cap is £118.2 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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