Burford Capital’s (BUR) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Burford Capital (LON:BUR) in a report released on Tuesday morning,Digital Look reports. The brokerage currently has a GBX 450 price objective on the stock.

Burford Capital Trading Up 2.3%

Shares of BUR stock opened at GBX 305.60 on Tuesday. The company has a current ratio of 3.20, a quick ratio of 8.01 and a debt-to-equity ratio of 294.89. The stock has a market capitalization of £671.05 million, a price-to-earnings ratio of -0.40, a price-to-earnings-growth ratio of 1.09 and a beta of 1.06. Burford Capital has a 12-month low of GBX 288.37 and a 12-month high of GBX 952. The stock’s 50-day moving average price is GBX 314.17 and its 200-day moving average price is GBX 357.31.

About Burford Capital

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices.