Burford Capital Limited (BUR) Now Covered by Jefferies Group LLC
Investment analysts at Jefferies Group LLC assumed coverage on shares of Burford Capital Limited (LON:BUR) in a report released on Wednesday. The brokerage set a “buy” rating and a GBX 1,300 ($17.10) price target on the stock. Jefferies Group LLC’s target price would suggest a potential upside of 9.80% from the stock’s current price.
Several other equities analysts have also recently issued reports on the company. Macquarie reiterated an “outperform” rating and set a GBX 1,093 ($14.38) target price on shares of Burford Capital Limited in a research report on Friday, July 28th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,310 ($17.23) target price on shares of Burford Capital Limited in a research report on Wednesday, October 4th. Numis Securities Ltd reiterated an “add” rating and set a GBX 1,200 ($15.78) target price on shares of Burford Capital Limited in a research report on Thursday, July 27th. N+1 Singer reiterated an “under review” rating on shares of Burford Capital Limited in a research report on Thursday, July 27th. Finally, Liberum Capital reiterated a “buy” rating and set a GBX 1,148 ($15.10) target price on shares of Burford Capital Limited in a research report on Thursday, July 27th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Burford Capital Limited presently has a consensus rating of “Buy” and a consensus price target of GBX 1,144.83 ($15.06).
Burford Capital Limited (LON BUR) opened at GBX 1,184 ($15.57) on Wednesday. Burford Capital Limited has a 52-week low of GBX 11.41 ($0.15) and a 52-week high of GBX 1,258 ($16.55).
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About Burford Capital Limited
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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