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

Burford Capital (LON:BUR)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 450 price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 43.22% from the company’s current price.

Burford Capital Stock Down 0.6%

Shares of LON:BUR opened at GBX 314.20 on Friday. Burford Capital has a 1-year low of GBX 288.37 and a 1-year high of GBX 1,054. The company has a debt-to-equity ratio of 87.46, a current ratio of 1.57 and a quick ratio of 8.01. The stock has a market cap of £688.31 million, a P/E ratio of -0.43, a P/E/G ratio of 1.09 and a beta of 1.08. The firm has a fifty day moving average price of GBX 319.98 and a 200 day moving average price of GBX 443.91.

Burford Capital Company Profile

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.