Burford Capital (LON:BUR)‘s stock had its “hold” rating reiterated by equities researchers at Berenberg Bank in a report released on Wednesday, ThisIsMoney.Co.Uk reports.

BUR has been the subject of a number of other reports. Canaccord Genuity reduced their price objective on shares of Burford Capital from GBX 1,240 ($16.20) to GBX 570 ($7.45) and set a “sell” rating for the company in a research note on Thursday, August 29th. Peel Hunt reiterated a “buy” rating on shares of Burford Capital in a research note on Thursday, October 31st. Peel Hunt reiterated a “buy” rating and set a GBX 1,164 ($15.21) price target on shares of Burford Capital in a report on Tuesday, October 1st. Numis Securities reiterated a “buy” rating on shares of Burford Capital in a report on Monday, September 30th. Finally, Liberum Capital reissued a “buy” rating and set a GBX 2,600 ($33.97) price target on shares of Burford Capital in a research report on Monday, September 23rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 1,572.57 ($20.55).

Shares of Burford Capital stock opened at GBX 796.50 ($10.41) on Wednesday. The stock has a market cap of $1.73 billion and a price-to-earnings ratio of 4.57. The firm’s 50-day moving average is GBX 846.81 and its 200 day moving average is GBX 1,133.47. Burford Capital has a 1 year low of GBX 380.20 ($4.97) and a 1 year high of GBX 2,045 ($26.72). The company has a debt-to-equity ratio of 41.33, a current ratio of 4.79 and a quick ratio of 4.78.

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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Analyst Recommendations for Burford Capital (LON:BUR)

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