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

Bridgepoint Group (LON:BPT – Get Free Report) had its price objective hoisted by research analysts at 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 objective suggests a potential upside of 12.79% from the company’s previous close.

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

Get Our Latest Research Report on BPT

Bridgepoint Group Price Performance

BPT opened at GBX 403.40 on Friday. The stock has a fifty day moving average price of GBX 327.65 and a 200 day moving average price of GBX 290.37. The company has a current ratio of 16.31, a quick ratio of 3.60 and a debt-to-equity ratio of 53.71. Bridgepoint Group has a 1 year low of GBX 212 and a 1 year high of GBX 416.20. The stock has a market cap of £3.64 billion, a price-to-earnings ratio of 134.47, a PEG ratio of 0.61 and a beta of 1.39.

About Bridgepoint Group

(Get Free Report)

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.

See Also

Receive News & Ratings for Bridgepoint Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgepoint Group and related companies with MarketBeat.com's FREE daily email newsletter.