Bridgepoint Group (LON:BPT) Shares Up 15.6% – What’s Next?

Bridgepoint Group plc (LON:BPT) shares were up 15.6% during mid-day trading on Monday . The company traded as high as GBX 276.40 and last traded at GBX 270. Approximately 3,805,646 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 10,762,005 shares. The stock had previously closed at GBX 233.60.

Wall Street Analysts Forecast Growth

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 research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 385.

Bridgepoint Group Stock Up 2.7%

The stock has a market capitalization of £2.36 billion, a price-to-earnings ratio of 54.98, a PEG ratio of 0.61 and a beta of 1.37. The company has a debt-to-equity ratio of 55.04, a current ratio of 279.03 and a quick ratio of 3.60. The business has a fifty day moving average of GBX 256.79 and a 200 day moving average of GBX 259.84.

About Bridgepoint Group

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.