Bloomsbury Publishing (LON:BMY) Price Target Raised to GBX 760 at Deutsche Bank Aktiengesellschaft

Bloomsbury Publishing (LON:BMY) had its target price lifted by Deutsche Bank Aktiengesellschaft from GBX 700 to GBX 760 in a research note published on Friday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 825 target price on shares of Bloomsbury Publishing in a research note on Wednesday, May 20th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 800.

Bloomsbury Publishing Price Performance

Shares of BMY stock opened at GBX 652 on Friday. The stock has a 50-day moving average price of GBX 599.97 and a 200 day moving average price of GBX 529.06. The company has a quick ratio of 1.04, a current ratio of 1.77 and a debt-to-equity ratio of 13.80. The firm has a market cap of £530.70 million, a price-to-earnings ratio of 23.80 and a beta of 0.40. Bloomsbury Publishing has a 12 month low of GBX 435 and a 12 month high of GBX 660.

Bloomsbury Publishing (LON:BMY) last posted its earnings results on Wednesday, May 20th. The company reported GBX 45 earnings per share (EPS) for the quarter. Bloomsbury Publishing had a return on equity of 12.74% and a net margin of 8.28%.The company had revenue of £325.90 million during the quarter. Research analysts expect that Bloomsbury Publishing will post 2529.9999179 EPS for the current 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. It serves communities of interest in sports and sports science, nautical, military history, natural history, arts and crafts, and popular science; and offers books for students of the arts, humanities, and social sciences.