Berenberg Bank Reiterates Buy Rating for Bridgepoint Group (LON:BPT)

Bridgepoint Group (LON:BPT)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a research note issued on Friday, Marketbeat reports. They currently have a GBX 360 target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 13.35% from the stock’s previous close.

Separately, Citigroup lowered their price target on shares of Bridgepoint Group from GBX 415 to GBX 395 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Bridgepoint Group presently has an average rating of “Buy” and a consensus target price of GBX 390.

Bridgepoint Group Stock Up 0.8%

Bridgepoint Group stock opened at GBX 317.60 on Friday. Bridgepoint Group has a twelve month low of GBX 212 and a twelve month high of GBX 363.40. The company has a debt-to-equity ratio of 53.71, a quick ratio of 3.60 and a current ratio of 16.31. The firm has a market cap of £2.78 billion, a PE ratio of 64.82, a P/E/G ratio of 0.61 and a beta of 1.37. The firm’s 50 day moving average price is GBX 269.72 and its two-hundred day moving average price is GBX 262.05.

Bridgepoint Group Company Profile

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.