Burford Capital (LON:BUR) Receives Buy Rating from Berenberg Bank

Burford Capital (LON:BUR - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Berenberg Bank in a report released on Friday, MarketBeat reports. They currently have a GBX 1,600 ($20.44) target price on the stock. Berenberg Bank's target price would suggest a potential upside of 76.21% from the stock's current price.

Burford Capital Trading Down 5.3 %

Shares of BUR stock traded down GBX 51 ($0.65) during trading hours on Friday, hitting GBX 908 ($11.60). The company had a trading volume of 149,836 shares, compared to its average volume of 220,876. The company has a debt-to-equity ratio of 77.74, a current ratio of 15.07 and a quick ratio of 8.01. The stock has a market capitalization of £2.50 billion, a PE ratio of 16.24, a price-to-earnings-growth ratio of 1.09 and a beta of 0.94. The company's fifty day moving average is GBX 1,101.90 and its 200 day moving average is GBX 1,068.39. Burford Capital has a fifty-two week low of GBX 800 ($10.22) and a fifty-two week high of GBX 1,349 ($17.24).

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 it works with companies and law firms around the world from its offices in New York, London, Chicago, Washington, DC, Singapore, Dubai, Sydney and Hong Kong.