Bloomsbury Publishing Plc’s (BMY) “Add” Rating Reaffirmed at Peel Hunt
Several other equities analysts also recently issued reports on the stock. Investec restated a buy rating and set a GBX 210 ($2.77) price objective on shares of Bloomsbury Publishing Plc in a report on Tuesday, July 18th. Numis Securities Ltd upgraded shares of Bloomsbury Publishing Plc to a buy rating and increased their price target for the stock from GBX 205 ($2.71) to GBX 210 ($2.77) in a report on Tuesday, October 24th.
Bloomsbury Publishing Plc (BMY) opened at GBX 172.25 ($2.27) on Thursday. Bloomsbury Publishing Plc has a one year low of GBX 148.25 ($1.96) and a one year high of GBX 185.41 ($2.45).
The firm also recently declared a dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 2nd will be issued a GBX 1.15 ($0.02) dividend. The ex-dividend date is Thursday, November 2nd. This represents a yield of 0.71%.
In related news, insider Richard Lambert acquired 10,000 shares of the stock in a transaction on Thursday, August 10th. The shares were acquired at an average price of GBX 176 ($2.32) per share, for a total transaction of £17,600 ($23,225.13). Also, insider Steven Halll acquired 3,171 shares of the stock in a transaction on Tuesday, August 29th. The stock was bought at an average price of GBX 172 ($2.27) per share, for a total transaction of £5,454.12 ($7,197.31).
About Bloomsbury Publishing Plc
Bloomsbury Publishing Plc is a global publisher. The Company is involved in the publication of books and other related services. The Company operates through four publishing divisions: Adult, Children’s & Educational, Academic & Professional, and Information. These divisions derive their revenue from book publishing, sale of publishing and distribution rights, management and other publishing services.
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