Bridgepoint Group (LON:BPT) Trading Up 0.7% - Here's Why

Key Points

• Bridgepoint Group plc's stock price increased by 0.7%, reaching a last traded price of GBX 326.20 ($4.40), with trading volume significantly up at around 12.47 million shares.
• Several analysts have revised their ratings, with Citigroup raising the price target to GBX 395 (buy rating), while JPMorgan Chase & Co. set a target of GBX 424 (overweight rating).
• Bridgepoint Group specializes in various investment sectors, including private equity and private credit, with a market cap of £2.69 billion and a consensus rating of "Moderate Buy."

Bridgepoint Group plc (LON:BPT - Get Free Report)'s stock price rose 0.7% on Friday . The stock traded as high as GBX 328 ($4.42) and last traded at GBX 326.20 ($4.40). Approximately 12,469,817 shares changed hands during mid-day trading, an increase of 580% from the average daily volume of 1,833,357 shares. The stock had previously closed at GBX 324 ($4.37).

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Citigroup increased their price objective on Bridgepoint Group from GBX 360 to GBX 395 and gave the company a "buy" rating in a research report on Thursday, August 7th. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 424 price objective on shares of Bridgepoint Group in a research report on Thursday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 345 price objective on shares of Bridgepoint Group in a research report on Monday, July 21st. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 388.

Bridgepoint Group Trading Up 0.7%

The company has a market cap of £2.69 billion, a PE ratio of 6,154.72, a PEG ratio of 0.61 and a beta of 1.72. The company has a current ratio of 4.98, a quick ratio of 3.60 and a debt-to-equity ratio of 12.89. The stock has a 50 day moving average price of GBX 332.92 and a 200 day moving average price of GBX 307.88.

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.

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