Bloomsbury Publishing (LON:BMY) Receives “Buy” Rating from Berenberg Bank

Bloomsbury Publishing (LON:BMYGet Free Report)‘s stock had its “buy” rating reiterated by Berenberg Bank in a report released on Wednesday,Digital Look reports. They presently have a GBX 825 price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 38.94% from the company’s current price.

Bloomsbury Publishing Trading Down 1.4%

LON BMY opened at GBX 593.80 on Wednesday. The stock has a market capitalization of £483.33 million, a P/E ratio of 21.67 and a beta of 0.40. Bloomsbury Publishing has a 52-week low of GBX 435 and a 52-week high of GBX 654. The firm has a 50-day moving average price of GBX 590.09 and a 200 day moving average price of GBX 521.69. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 14.44.

Bloomsbury Publishing Company Profile

(Get Free Report)

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.

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