Bloomsbury Publishing (LON:BMY) Earns Buy Rating from Berenberg Bank

Bloomsbury Publishing (LON:BMY)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a research note issued to investors on Wednesday, MarketBeat Ratings reports. They presently have a GBX 825 target price on the stock. Berenberg Bank’s price target points to a potential upside of 65.17% from the stock’s current price.

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 815 price target on shares of Bloomsbury Publishing in a report on Thursday, September 18th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 820.

Bloomsbury Publishing Stock Down 0.1%

BMY stock opened at GBX 499.50 on Wednesday. The firm has a 50-day moving average price of GBX 494.66 and a 200-day moving average price of GBX 499.18. Bloomsbury Publishing has a 12 month low of GBX 460 and a 12 month high of GBX 710. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 15.10. The stock has a market capitalization of £406.57 million, a P/E ratio of 18.23 and a beta of 0.66.

Bloomsbury Publishing (LON:BMY) last released its quarterly earnings data on Thursday, October 23rd. The company reported GBX 23.14 earnings per share (EPS) for the quarter. Bloomsbury Publishing had a net margin of 9.77% and a return on equity of 18.62%. As a group, equities research analysts anticipate that Bloomsbury Publishing will post 2529.9999179 EPS for the current fiscal year.

About Bloomsbury Publishing

Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books for children, teachers, students, researchers, and professionals worldwide. The company offers books and digital resources to international research community and higher education students; online law, accounting, and tax services for the United Kingdom and professionals; and publishing services for corporations and institutions.