Berenberg Bank Forecasts Strong Price Appreciation for Bridgepoint Group (LON:BPT) Stock

Bridgepoint Group (LON:BPT) had its target price hoisted by Berenberg Bank from GBX 360 to GBX 455 in a report released on Friday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 12.79% from the stock’s current price.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 485 target price on shares of Bridgepoint Group in a report on Thursday, October 8th. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Bridgepoint Group currently has an average rating of “Buy” and an average target price of GBX 437.50.

Bridgepoint Group Trading Up 1.6%

Shares of BPT stock opened at GBX 403.40 on Friday. Bridgepoint Group has a 12 month low of GBX 212 and a 12 month high of GBX 416.20. The company has a market cap of £3.64 billion, a PE ratio of 134.47, a price-to-earnings-growth ratio of 0.61 and a beta of 1.39. The company has a quick ratio of 3.60, a current ratio of 16.31 and a debt-to-equity ratio of 53.71. The business’s 50 day moving average is GBX 327.65 and its two-hundred day moving average is GBX 290.37.

Bridgepoint Group Company Profile

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.