Bloomsbury Publishing’s (BMY) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Bloomsbury Publishing (LON:BMY) in a research note issued to investors on Tuesday morning, MarketBeat reports. They currently have a GBX 825 target price on the stock.

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on Bloomsbury Publishing from GBX 700 to GBX 760 and gave the stock a “buy” rating in a research report on Friday, May 29th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 800.

Bloomsbury Publishing Stock Performance

LON:BMY opened at GBX 624.95 on Tuesday. Bloomsbury Publishing has a 12 month low of GBX 435 and a 12 month high of GBX 690. The company has a debt-to-equity ratio of 13.80, a current ratio of 1.77 and a quick ratio of 1.04. The firm has a market capitalization of £505.23 million, a PE ratio of 19.05 and a beta of 0.42. The business’s fifty day moving average price is GBX 634.43 and its 200 day moving average price is GBX 609.23.

Bloomsbury Publishing Company Profile

Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books for children, teachers, students, researchers, and professionals worldwide. The company offers books and digital resources to international research community and higher education students; online law, accounting, and tax services for the United Kingdom and professionals; and publishing services for corporations and institutions. It serves communities of interest in sports and sports science, nautical, military history, natural history, arts and crafts, and popular science; and offers books for students of the arts, humanities, and social sciences.