A number of other brokerages have also recently commented on BUR. Berenberg Bank reissued a buy rating and issued a GBX 1,310 ($18.10) price target on shares of Burford Capital in a research report on Wednesday, December 6th. Numis Securities reissued an add rating and issued a GBX 1,200 ($16.58) price target on shares of Burford Capital in a research report on Wednesday, January 17th. Finally, Jefferies Group began coverage on Burford Capital in a research report on Wednesday, November 22nd. They issued a buy rating and a GBX 1,300 ($17.96) price target on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of GBX 1,138.17 ($15.72).
Shares of Burford Capital (LON:BUR) opened at GBX 1,096 ($15.14) on Friday. Burford Capital has a 52-week low of GBX 11.41 ($0.16) and a 52-week high of GBX 1,292 ($17.85). The stock has a market capitalization of $2,280.00 and a price-to-earnings ratio of 1,660.61.
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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