Shares of Burford Capital Limited (LON:BUR) have been assigned an average recommendation of “Buy” from the seven analysts that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 1,248 ($16.69).
A number of research firms have issued reports on BUR. Liberum Capital reissued a “buy” rating and set a GBX 1,148 ($15.35) target price on shares of Burford Capital in a research note on Friday, December 8th. Berenberg Bank reissued a “buy” rating and set a GBX 1,310 ($17.52) target price on shares of Burford Capital in a research note on Wednesday, December 6th. Numis Securities reissued an “add” rating and set a GBX 1,200 ($16.04) target price on shares of Burford Capital in a research note on Friday, December 15th. Finally, Jefferies Group started coverage on shares of Burford Capital in a research report on Wednesday, November 22nd. They set a “buy” rating and a GBX 1,300 ($17.38) price target on the stock.
Shares of Burford Capital (BUR) opened at GBX 1,160 ($15.51) on Friday. The stock has a market capitalization of $2,400.00 and a PE ratio of 1,705.88. Burford Capital has a fifty-two week low of GBX 11.41 ($0.15) and a fifty-two week high of GBX 1,258 ($16.82).
About Burford Capital
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.
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