Burford Capital (LON:BUR) Rating Increased to Buy at Berenberg Bank

Berenberg Bank upgraded shares of Burford Capital (LON:BUR) to a buy rating in a research note published on Monday, Stock Target Advisor reports.

Other analysts have also recently issued research reports about the company. Peel Hunt reiterated a buy rating on shares of Burford Capital in a research report on Monday, March 16th. Liberum Capital reiterated a buy rating on shares of Burford Capital in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Burford Capital has an average rating of Buy and an average target price of GBX 1,439.67 ($18.94).

Burford Capital stock opened at GBX 407.20 ($5.36) on Monday. The stock has a market cap of $936.26 million and a PE ratio of 2.34. The company has a debt-to-equity ratio of 41.33, a quick ratio of 4.78 and a current ratio of 4.79. Burford Capital has a one year low of GBX 250.43 ($3.29) and a one year high of GBX 1,863 ($24.51). The stock has a fifty day moving average of GBX 495.70 and a 200 day moving average of GBX 702.37.

About Burford Capital

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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Analyst Recommendations for Burford Capital (LON:BUR)

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