What’s Ahead for Burford Capital Limited After Today’s Huge Decline?

 What's Ahead for Burford Capital Limited After Today's Huge Decline?

The stock of Burford Capital Limited (LON:BUR) is a huge mover today! The stock decreased 3.12% or GBX 15 on November 30, hitting GBX 465. About 367,631 shares traded hands. Burford Capital Limited (LON:BUR) has risen 56.61% since May 3, 2016 and is uptrending. It has outperformed by 51.38% the S&P500.
The move comes after 8 months negative chart setup for the GBX 964.98 million company. It was reported on Nov, 30 by Barchart.com. We have GBX 446.40 PT which if reached, will make LON:BUR worth GBX 38.60M less.

Burford Capital Limited (LON:BUR) Ratings Coverage

Out of 4 analysts covering Burford Capital Ltd (LON:BUR), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Burford Capital Ltd has been the topic of 5 analyst reports since January 4, 2016 according to StockzIntelligence Inc. The firm earned “Buy” rating on Monday, January 4 by N+1 Singer. The stock of Burford Capital Limited (LON:BUR) earned “Outperform” rating by Macquarie Research on Tuesday, May 24. The firm has “Buy” rating given on Wednesday, September 21 by N+1 Singer.

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 964.98 million GBP. The Firm provides a range of investment capital, financing and risk solutions. It has a 18.31 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.

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