Burford Capital (BUR) Rating Lowered to Hold at Liberum Capital
Liberum Capital lowered shares of Burford Capital (LON:BUR) to a hold rating in a research report report published on Saturday morning, StockTargetPrices.com reports. They currently have GBX 1,108 ($14.91) price target on the stock, down from their prior price target of GBX 1,148 ($15.45).
A number of other equities research analysts have also recently commented on BUR. Berenberg Bank reiterated a buy rating and set a GBX 1,310 ($17.63) target price on shares of Burford Capital in a research note on Wednesday, December 6th. Macquarie reiterated an outperform rating and set a GBX 1,322 ($17.79) target price on shares of Burford Capital in a research note on Tuesday, August 22nd. Numis Securities reissued an add rating and issued a GBX 1,200 ($16.15) price objective on shares of Burford Capital in a report on Friday, December 15th. Finally, Jefferies Group began coverage on Burford Capital in a report on Wednesday, November 22nd. They issued a buy rating and a GBX 1,300 ($17.50) price objective for the company. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Burford Capital currently has a consensus rating of Buy and an average price target of GBX 1,138.17 ($15.32).
Shares of Burford Capital (LON:BUR) opened at GBX 1,125 ($15.14) on Friday. Burford Capital has a 52 week low of GBX 11.41 ($0.15) and a 52 week high of GBX 1,258 ($16.93).
Burford Capital Company Profile
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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