Burford Capital’s (BUR) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Burford Capital (LON:BUR) in a research note released on Wednesday morning, MarketBeat.com reports. They currently have a GBX 1,600 price objective on the stock.

Burford Capital Stock Performance

LON BUR opened at GBX 673 on Wednesday. The company has a market capitalization of £1.47 billion, a P/E ratio of 6.23, a PEG ratio of 1.09 and a beta of 0.94. The business has a 50 day moving average price of GBX 868.90 and a 200 day moving average price of GBX 947.16. Burford Capital has a 1-year low of GBX 643.50 and a 1-year high of GBX 1,247. The company has a debt-to-equity ratio of 77.74, a current ratio of 15.07 and a quick ratio of 8.01.

About Burford Capital

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices.