Berenberg Bank Has Just Reaffirmed GBX 1310.00 Target Price Per Share on Burford Capital (LON:BUR) stock, While They’ve Also Reiterated Their “Buy” Rating

January 11, 2018 - By Richard Conner

Burford Capital (LON:BUR) Rating Reaffirmed

Berenberg Bank now has a GBX 1310.00 PT on shares of Burford Capital (LON:BUR). The PT indicates a potential upside of 12.74 % from the last stock price of Burford Capital (LON:BUR). This rating was shown in a note on Wednesday morning.

Burford Capital Limited (LON:BUR) Ratings Coverage

Among 7 analysts covering Burford Capital Ltd (LON:BUR), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Burford Capital Ltd has GBX 1322 highest and GBX 237 lowest target. GBX 1138.17’s average target is -3.68% below currents GBX 1181.66 stock price. Burford Capital Ltd had 39 analyst reports since January 4, 2016 according to SRatingsIntel. Numis Securities maintained Burford Capital Limited (LON:BUR) on Tuesday, June 13 with “Add” rating. Liberum Capital maintained Burford Capital Limited (LON:BUR) on Tuesday, March 14 with “Buy” rating. Numis Securities maintained Burford Capital Limited (LON:BUR) rating on Tuesday, March 14. Numis Securities has “Buy” rating and GBX 880 target. The rating was maintained by Macquarie Research on Tuesday, August 22 with “Outperform”. Berenberg maintained it with “Buy” rating and GBX 1310 target in Wednesday, October 4 report. The stock of Burford Capital Limited (LON:BUR) has “Add” rating given on Thursday, July 27 by Numis Securities. The stock of Burford Capital Limited (LON:BUR) earned “Buy” rating by Numis Securities on Wednesday, December 14. Berenberg maintained the stock with “Buy” rating in Wednesday, January 10 report. Numis Securities maintained the shares of BUR in report on Tuesday, January 3 with “Buy” rating. The stock has “Outperform” rating by Macquarie Research on Tuesday, May 24.

The stock increased 1.17% or GBX 13.66 during the last trading session, reaching GBX 1181.66. About 130,540 shares traded. Burford Capital Limited (LON:BUR) has 0.00% since January 11, 2017 and is . It has underperformed by 16.70% the S&P500.

Burford Capital Limited, together with its subsidiaries, provides investment capital, investment management, financing, and risk solutions with a focus on the litigation and arbitration sector in the United States, the United Kingdom, Singapore, Hong Kong, Australia, Germany, and Brazil. The company has market cap of 2.46 billion GBP. The firm provides commercial litigation finance, portfolio and complex financing, risk management, international arbitration, insolvency and bankruptcy, competition and antitrust, intellectual property, judgment enforcement, and post-settlement and monetization solutions. It has a 12.91 P/E ratio. It serves lawyers and clients.

More recent Burford Capital Limited (LON:BUR) news were published by: Businesswire.com which released: “Burford Capital Delivers 151% Growth in First Half Operating Profit” on July 27, 2017. Also Gurufocus.com published the news titled: “Burford Capital Ltd” on May 05, 2017. Businesswire.com‘s news article titled: “Burford Capital Reports Favourable Investment Result” with publication date: July 22, 2017 was also an interesting one.

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