Burford Capital Limited Can’t Be More Hot. Just Reaches 52-Week High

 Burford Capital Limited Can't Be More Hot. Just Reaches 52 Week High

The stock of Burford Capital Limited (LON:BUR) hit a new 52-week high and has GBX 650.00 target or 30.00% above today’s GBX 500.00 share price. The 8 months bullish chart indicates low risk for the GBX 1.03B company. The 1-year high was reported on Nov, 17 by Barchart.com. If the GBX 650.00 price target is reached, the company will be worth GBX 309.00 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 1.01% or GBX 5 on November 17, hitting GBX 500. About 1.02M shares traded hands or 132.44% up from the average. Burford Capital Limited (LON:BUR) has risen 76.06% since April 21, 2016 and is uptrending. It has outperformed by 71.43% the S&P500.

Burford Capital Limited (LON:BUR) Ratings Coverage

Out of 3 analysts covering Burford Capital Ltd (LON:BUR), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 344 is the highest target while GBX 237 is the lowest. The GBX 290.50 average target is -41.90% below today’s (GBX 500) stock price. Burford Capital Ltd has been the topic of 4 analyst reports since January 4, 2016 according to StockzIntelligence Inc. The stock of Burford Capital Limited (LON:BUR) earned “Buy” rating by N+1 Singer on Wednesday, September 21. As per Tuesday, May 24, the company rating was maintained by Macquarie Research. N+1 Singer maintained Burford Capital Limited (LON:BUR) rating on Monday, January 4. N+1 Singer has “Buy” rating and GBX 237 price target.

More news for Burford Capital Limited (LON:BUR) were recently published by: Businesswire.com, which released: “Burford Capital Provides $45 Million in Litigation Financing to FTSE 20 Company” on January 06, 2016. Fool.Co.Uk‘s article titled: “Can Red-Hot AIM Stocks Plus500 Ltd, Pantheon Resources Plc & Burford Capital …” and published on April 18, 2016 is yet another important article.

Burford Capital Limited is a global finance company. The company has a market cap of 1.03 billion GBP. The Firm provides a range of investment capital, financing and risk solutions. It has a 19.75 P/E ratio. The Company’s divisions are provision of litigation investment, including reflecting litigation and arbitration-related investment activities anywhere in the world; provision of litigation insurance reflecting the United Kingdom and Channel Islands litigation insurance activities, and exploration of new initiatives related to application of capital to the litigation and arbitration sector.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment